Tuesday, July 27

us housing market

Economy, home price inflation, Home Prices, Homebuyers, Homebuying, Housing, Housing Affordability, housing market, Markets, Real Estate, US housing boom, US Housing Crisis, us housing market

Wait until 2022 to buy a house, economists say

Prospective homebuyers will face low supply and high prices for at least another year. The US doesn't have enough homes to meet demand, and builders are struggling to keep up. Economists see price growth cooling in 2022, but only if construction picks up and demand holds steady. LoadingSomething is loading. ...
Apartment List, apartment rentals, Economy, housing market, inflation, inflation gauge, inflation outlook, Markets, Real Estate, rent inflation, Rent prices, shelter inflation, US housing boom, US Housing Crisis, us housing market

Your rents are going to keep going up

Rent prices soared 9.2% in the first half of 2021, tripling the average pace and exceeding the pre-crisis trend. Shelter inflation is set to keep climbing as millennial demand booms, analyst Logan Mohtashami said. That upswing risks turning higher inflation permanent, as rent prices are tougher to rein in. LoadingSomething is loading. ...
Case-Shiller, Economy, Home Price, home price inflation, Home Prices, housing market, Markets, Real Estate, S&P CoreLogic Case-Shiller home price index, US housing boom, US Housing Crisis, us housing market

House prices rose in April at the fastest rate on record

Home prices soared 14.6% year-over-year in April as the nationwide supply shortage intensified. The jump is the largest since the S&P CoreLogic Case-Shiller index began tracking data in 1987. Home prices have surged through 2021 as builders struggle to catch up with unprecedented demand. LoadingSomething is loading. ...
Biden economic plan, Biden stimulus, economic outlook, Economic Recovery, Economy, Features, Government Spending, housing market, Labor Market, Markets, Remote Work, Stimulus, US housing boom, US Housing Crisis, us housing market

3 fundamental changes from the pandemic economy that could become permanent

Some elements of the pandemic-era economy are likely to stick around well after the recovery. Experts warned the post-crisis economy would be different, and now it's becoming clear how. From remote work to a red-hot housing market, 4 fundamental shifts could be permanent. See more stories on Insider's business page. The post-pandemic economy is taking shape.Fifteen months after the US first plunged into lockdown, the economy is well on its way to a complete reopening. Spending is up, businesses are rehiring, and Americans are — slowly — returning to work. Economists largely agree that economic output will grow at the fastest rate s...