Key Points: Boomers and Generation X dominate homeownership today, but as they age out, tens of millions of family homes will become available. Millennials and Generation Z—followed by Generations Alpha and Beta—will soak up that supply by forming households first and shifting into ownership later as they mature, sustaining demand for decades. The ...
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Key Points: National affordability improved on an annual basis for the sixth consecutive month, yet remains low historically. In deciding whether to rent or own, it’s important to remember the wealth-building power of equity accumulation. Even homeowners who bought at the height of the housing boom in 2006 have gained approximately $181,000 in ...
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Key Points: Sales activity has increased modestly as mortgage rates ease and affordability improves. Mortgage applications hint at rising demand, but not enough to restore “normal” market levels. Potential sellers, who would also likely be buyers, remain reluctant, keeping a lid on the recovery. After a prolonged slump, the existing-home market is ...
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Key Points: Housing affordability improved 2.3 percent year over year in July, marking the fifth consecutive month with an annual gain. Affordability improved in 39 of the top 50 markets, with the strongest gains in markets where active inventory increased the most. Affordability may improve further this year, but gains will likely be modest. ...
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Key Points: Existing-home sales remain well below historical data would suggest for a market of today’s size. Active listings are still 22 percent lower than the 2015–2019 average, and the annual pace of improvement is slowing. Lower mortgage rates and improved affordability should encourage some buyers and discouraged sellers to re-enter the ...
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Key Points: Only 26 percent of homes were affordable to the median renter nationally in Q2 2025, down from 28 percent at the end of 2024. The AFC South leads the 2025 Affordability Bowl standings, with Jacksonville and Indianapolis offering the most accessible housing markets. With mortgage rates easing, incomes rising, and price growth slowing, ...
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