#housing-market

#housing-market

"The housing market has gotten increasingly expensive and increasingly difficult to afford on just one income," says Hannah Jones, senior economic research analyst at Realtor.com.

There's a certain kind of buyer who walks into a Craftsman home and immediately feels at home, the warm woodwork, the built-ins, the cozy front porch.

To meet the 30% affordability benchmark in coastal cities, homebuyers must provide down payments of 80% to 95%, making homeownership increasingly unattainable.

Fannie Mae and Freddie Mac have been instrumental in helping to prevent over 60,000 foreclosures in Q1 2025, demonstrating solid performance in mortgage management.

"This spring marked a turning point for the Washington housing market," says Lisa Sturtevant, chief economist at Bright MLS.

In the Bay Area, the growing senior population contrasts with a stagnant youth population, raising concerns for economic development and community sustainability.

The average monthly Social Security benefit is about $2,002, which falls well below the average rent in major cities, making it inadequate for many retirees.

The high cost of living in California is the primary driver behind declining enrollment in local charter schools like Downtown College Prep, impacting their financial viability.

When we launched this report in 2012, US cities were relatively cheap compared with their developed market peers, with costs of goods and salaries generally outside the global top 10.

It is estimated that between 1.5 million to 2.1 million new homes will need to be built in Ontario over roughly the next decade, based on assessments of the current housing supply shortfall and/or projected population growth.

The Central Bank has once again scaled back its housing forecast for the year, now projecting only 32,500 housing completions. This is only a slight increase from last year, indicating ongoing challenges in the housing market.

Gen Z veterans are leading borrower activity with a 459% increase in VA refinance loans, proving the VA loan benefit's powerful impact on young buyers.