

Real Estate
July 18, 2025
U.S. Housing Starts and Permits (June 2025)
Homebuilding activity recorded a modest gain in June, but from exceptionally low levels, with housing starts having hit a 5-year low the month prior. Moreover, June's uptick was entirely driven by a rebound in multifamily starts across the Northeast region, after having suffered its largest monthly decline since July 2021 the month prior.
June 23, 2025
Weathering the Storm – the Next Phase of America’s Cost of Housing Crisis
There is growing evidence that extreme weather events are on the rise and becoming more costly to Americans. This calls for increased adaptation and mitigation efforts. Many financially constrained households in the U.S. are vulnerable to the rising risks of flood and wildfire.
May 29, 2025
Peeling Back the Layers to the Florida Condo Market Weakness
Florida’s housing market had a strong run in the years following the pandemic and its condominium sector was no exception. But this positive narrative has seen a dramatic shift over the last few quarters. While the overall housing market has softened, in tune with national trends, Florida’s condo sector remains on much weaker footing with both sales and prices down considerably from their recent peaks.
December 09, 2024
Higher Rates Delay U.S. Housing Recovery, But Some Improvement Expected in 2025
After declining through the spring and summer, 30-year mortgage rates rebounded back near 7% this autumn on the back of rising bond yields. Strong economic data and policy-related uncertainty – notably around the new administration’s use of import tariffs – have been key catalysts behind this rate backup. As such, further upward pressure on rates in the near term can’t be ruled out.
August 28, 2024
U.S. Housing Market – A Path Back to Affordability
The U.S. housing market has undergone significant changes in recent history – going from an unprecedented level of home affordability in the aftermath of the 2008 housing crisis, to a current state of unaffordability not experienced within the last 20 years.