October 18, 2024
U.S. Housing Starts and Permits (September 2024)
Homebuilding activity pulled back in September as the multi-family segment continued to retrace its mid-year boost. The segment is still in the process of recalibrating its supply pipeline from prior elevated levels, with the number of multi-family units under construction down 16.5% year-on-year (y/y) in September.
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.