• US Housing Industry News

  • 著者: Quiet. Please
  • ポッドキャスト

US Housing Industry News

著者: Quiet. Please
  • サマリー

  • Stay informed with "US Housing Industry News," your go-to podcast for the latest updates and insights into the American housing market. Discover expert analysis, market trends, and interviews with industry leaders, all designed to keep you ahead in the ever-evolving real estate landscape. Whether you're a homeowner, investor, or industry professional, tune in for actionable information and deep dives into the housing sector. Subscribe now and never miss an episode of essential updates in the US housing industry.

    For more info go to
    https://www.quietperiodplease....

    Check out these deals https://amzn.to/48MZPjs


    https://podcasts.apple.com/us/...
    Copyright 2024 Quiet. Please
    続きを読む 一部表示

あらすじ・解説

Stay informed with "US Housing Industry News," your go-to podcast for the latest updates and insights into the American housing market. Discover expert analysis, market trends, and interviews with industry leaders, all designed to keep you ahead in the ever-evolving real estate landscape. Whether you're a homeowner, investor, or industry professional, tune in for actionable information and deep dives into the housing sector. Subscribe now and never miss an episode of essential updates in the US housing industry.

For more info go to
https://www.quietperiodplease....

Check out these deals https://amzn.to/48MZPjs


https://podcasts.apple.com/us/...
Copyright 2024 Quiet. Please
エピソード
  • US Housing Slowdown Amid Low Inventory and Rising Prices Challenges Industry Recovery
    2024/11/24
    The US housing industry is currently experiencing a slowdown, with recent market movements indicating a decline in demand and a rise in inventory. According to the S&P CoreLogic Case-Shiller Index, home prices increased by 4.2% year-over-year in August 2024, marking the 15th consecutive all-time high[4]. However, this growth is slower compared to the previous year, which saw a 19.28% increase[1].

    The decline in mortgage rates in July gave a slight boost to home sales, with total home sales rising 2.6% over the month to 4.7 million[2]. However, pending home sales declined 5.5% month-over-month in July, indicating a continued slowdown in the market. The homebuilder confidence index fell further to 39 in August, indicating poor building conditions over the next six months[2].

    The median sales price for existing homes increased 1% year-over-year to $404,500 in September 2024, the highest September median recorded by the National Association of Realtors (NAR)[4]. However, existing-home sales in September were down 3.5% from last year, and the volume of home sales has continued to soften over the course of 2024[4].

    The housing inventory remains low, with a 4.3-month supply of existing homes on the market as of September, up 23% from the previous year but still short of the 5-6 months needed for a balanced market[4]. The number of rental units permitted has contributed to an excess in the supply of rental units, with the average apartment vacancy rate at its highest level in over 20 years[3].

    In response to the current challenges, US housing industry leaders are focusing on affordability and inventory. Lawrence Yun, Chief Economist at NAR, notes that more supply is beginning to appear, which could be an early indicator of more home sales later[4]. Selma Hepp, Chief Economist at CoreLogic, emphasizes that lower mortgage rates would help spur home sales activity and drive more sellers to trade their existing homes, adding much-needed inventory to the market[4].

    Compared to the previous reporting period, the US housing industry has seen a slowdown in demand and a rise in inventory. The decline in mortgage rates has given a slight boost to home sales, but the market remains tight, with low inventory levels and high prices. Industry leaders are responding to these challenges by focusing on affordability and inventory, and the market is expected to remain muted in 2024 and 2025[2].
    続きを読む 一部表示
    3 分
  • US Housing Market Navigates Affordability Challenges Amid Rising Prices and High Mortgage Rates
    2024/11/22
    The US housing industry is currently navigating a complex landscape marked by rising home prices, limited supply, and high mortgage rates. Recent market movements indicate a slowdown in home sales, with total home sales down 16% year-over-year as of 2023[4]. Despite this decline, median home prices have continued to rise, reaching $404,500 in September 2024, the highest September median ever recorded by the National Association of Realtors (NAR)[5].

    The S&P CoreLogic Case-Shiller Index reported a 4.2% year-over-year increase in home prices in August 2024, marking the 15th consecutive all-time high[5]. However, the pace of appreciation has slowed compared to previous years, with the S&P/Case-Shiller seasonally-adjusted national home price index rising by a modest 3.8% year-over-year in January 2023, a sharp slowdown from the prior year’s 19.28% increase[1].

    Mortgage rates have been a significant factor in the market, with the average 30-year mortgage rate standing at 6.88% as of October 30, 2024, down from its peak but still high enough to deter potential buyers[5]. The tight housing inventory, with a 4.3-month supply as of September 2024, continues to favor sellers[5].

    Emerging trends include a shift towards more affordable housing options, with the apartment sector expected to benefit from new supply, enhancing rent growth and affordability[2]. The commercial real estate market is recovering, particularly in the industrial and retail sectors, with emerging investments in data centers[2].

    Industry leaders are responding to current challenges by focusing on affordability and supply. For example, the National Association of Home Builders (NAHB) has emphasized the need for policies that address the housing affordability crisis, including reducing regulatory barriers and increasing funding for affordable housing programs[3].

    Comparing current conditions to the previous reporting period, the market has seen a slight improvement in home sales, with total home sales rising 2.6% over the month to 4.7 million in July 2024[3]. However, pending home sales declined 5.5% month-over-month in July, indicating ongoing affordability challenges[3].

    In conclusion, the US housing industry is characterized by rising home prices, limited supply, and high mortgage rates. While there are signs of a slight improvement in home sales, the market remains challenging for potential buyers. Industry leaders are focusing on affordability and supply to address these challenges, and emerging trends suggest a shift towards more affordable housing options.
    続きを読む 一部表示
    3 分
  • US Housing Market Slowdown: Modest Price Rises and Affordability Challenges
    2024/11/19
    The current state of the US housing industry is characterized by a slowdown in demand and a modest increase in home prices. According to the S&P CoreLogic Case-Shiller Index, home prices rose by 4.2% year-over-year in August 2024, marking the 15th consecutive all-time high[4]. However, this growth is significantly lower than the 19.28% increase seen in the previous year[1].

    The decline in mortgage rates in recent weeks has given a slight boost to home sales, with total home sales rising 2.6% over the month to 4.7 million in July[3]. However, pending home sales declined 5.5% month-over-month in July, indicating that affordability challenges continue to impact the market[3].

    The housing inventory remains low, with a 4.3-month supply of existing homes for sale as of September 2024, up 23% from the previous year but still short of the 5 to 6 months needed for a balanced market[4]. The median sale price for an existing home in the US was $404,500 in September 2024, the highest September median ever recorded[4].

    Homebuilder sentiment remains weak, with the National Association of Home Builders' Housing Market Index falling to 39 in August, below the threshold of 50 indicating poor building conditions[3]. Housing starts for July were at a seasonally adjusted annual rate of 1.24 million, 6.8% below June's 1.33 million units[3].

    Industry leaders are responding to current challenges by emphasizing the need for lower mortgage rates to spur home sales activity. According to Selma Hepp, Chief Economist at CoreLogic, "Lower mortgage rates would help spur home sales activity... declines in mortgage rates would drive more sellers to trade their existing home and help add much-needed inventory to the market, leading to more transactions"[4].

    Compared to the previous reporting period, the US housing industry is experiencing a slowdown in demand and a modest increase in home prices. The decline in mortgage rates has given a slight boost to home sales, but affordability challenges continue to impact the market. Industry leaders are calling for lower mortgage rates to spur home sales activity and increase inventory.

    Key statistics include:

    - Home prices rose by 4.2% year-over-year in August 2024[4].
    - Total home sales rose 2.6% over the month to 4.7 million in July[3].
    - Pending home sales declined 5.5% month-over-month in July[3].
    - The median sale price for an existing home in the US was $404,500 in September 2024[4].
    - The housing inventory remains low, with a 4.3-month supply of existing homes for sale as of September 2024[4].
    続きを読む 一部表示
    3 分

US Housing Industry Newsに寄せられたリスナーの声

カスタマーレビュー:以下のタブを選択することで、他のサイトのレビューをご覧になれます。