Housing Market Trends

From the First American Economic Center

The First American Economic Center has you covered with in-depth analysis and expert insights on the latest data and trends in the industry.

Supply Squeeze Tightens Grip on Affordability in July

By FirstAm Editor on September 26, 2017
First American’s proprietary Real House Price Index (RHPI) looks at July 2017 data and includes analysis from First American Chief Economist Mark Fleming on the supply constraints impacting the housing market. Read More

Interest Rates Real House Price Index Income Affordability

The Fundamental Underlying Issue in the Housing Market

By FirstAm Editor on August 28, 2017
First American’s proprietary Real House Price Index (RHPI) looks at June 2017 data and includes analysis from First American Chief Economist Mark Fleming on the prevailing issue facing today’s housing market. Read More

Interest Rates Real House Price Index Income Affordability

Housing Market Faces Dilemma as Millennial Demand Continues to Grow

By Mark Fleming on June 20, 2017
First American’s proprietary Potential Home Sales model examines May 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the real estate market is performing versus its potential. Read More

Housing Millennials Affordability

Housing Affordability Ticks Up, But What Does That Mean for Spring Home Buying?

By FirstAm Editor on March 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at January 2017 data and includes analysis from First American Chief Economist Mark Fleming on the decline in affordability as consumer house-buying power dipped due to rising rates. Read More

Interest Rates Real House Price Index Income Affordability

Top 5 Most and Least Affordable Housing Markets Amid Higher Rates

By Mark Fleming on March 13, 2017
Recent economic data and comments by members of the Federal Open Market Committee (FOMC) all suggest that the chance of a rate increase this week after the FOMC meets is substantially higher than it was just a few weeks ago. Now that we are most likely in a rising rate environment, what does it mean for housing affordability? Read More

Real House Price Index Affordability

What’s Behind the December Dip in Housing Affordability?

By FirstAm Editor on February 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at December 2016 data and includes analysis from First American Chief Economist Mark Fleming on the decline in affordability as consumer house-buying power dipped due to rising rates. Read More

Interest Rates Real House Price Index Income Affordability