Economic Development

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Market Snapshot: Portland Lags U.S. Housing Market

Amid rising starts and inventory, Portland’s housing market faces significant... More

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Market Snapshot: Washington, D.C., Adjusts to Rates With Steady New-Home Sales

Challenges loom with rising housing costs and shifts in residential preferences. More

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Market Snapshot: Meta Alters El Paso’s Housing Prospects

Its proposed data center could help offset regional economic weakness. More

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Market Snapshot: Jacksonville Balances Challenges Amid Job and Population Surge

Monthly new-home sales and the average sales rate have been trending slightly... More

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Price-to-Income Ratio Reaches Record High

The median home in 2022 cost almost six times the median household income,... More

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Market Snapshot: Chicago Buyers Want Quick Move-Ins

While things are improving, job losses continue to pose a problem for greater... More

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NAR Forecasts Improved Housing Market Conditions for 2024

Chief economist Lawrence Yun foresees 1.48 million housing starts in 2024,... More

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What Market Conditions Should Home Builders Expect Going Into 2024?

The new-home building sector has been buoyed by a lack of resale inventory and an... More

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