After more than a year of double-digit yearly rent gains, the U.S. median rental price in September posted its smallest year-over-year increase since last summer, further declining from its peak in July 2022.
Read More »Rising Wages Are a Good Thing . . . Or Are They?
The headline numbers were lower than expected for the latest Employment Situation from the Bureau of Labor Statistics. The report contained a bright spot, however, in hourly wage gains. How will wage growth affect housing going forward?
Read More »Unfortunately for Affordability, it Looks Like 2008
What factors pushed housing affordability in Q4 down to its lowest level in eight years, according to one analysis?
Read More »Is Wage Growth Catching Up to Price Appreciation?
For months, home price appreciation has outpaced wage growth, which has been hurting affordability. It appears that trend may be changing, however.
Read More »Wage Growth Highest in 7 Years
Though job gains fell slightly short of expectations, the latest employment summary from the BLS was largely positive. Will it be enough to push the Fed to raise rates in Decmeber?
Read More »Will a Lack of Wage Growth Hamper Affordability This Spring?
Job gains were solid and the labor force participation rate reached a 15-month high in February's Employment Summary from the BLS. But the news was not all positive.
Read More »The Affordability Problem: New Home Demand Hinges on Wage Growth
With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market
Read More »Housing Affordability Constrained by Lack of Income Growth
With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market.
Read More »Job Gains Weaken, But is the Labor News All Bad?
The labor market was the strong point of the U.S. economy in the last quarter of 2015, with an average of 284,000 jobs added in the last three months of the year.
Read More »Home Prices Rise Nearly 7 Percent in August Amid Favorable Market Conditions
Employment gains, wage growth, and continued low mortgage rates are pushing home prices up both year-over-year and month-over-month.
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