Tag Archive for ‘housing affordability’

New Home Price Data Underscore Affordability Problems

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development, combined with recent NAHB survey data, show a mismatch between the actual prices of new homes and the prices buyers expect to pay—providing further evidence for the growing problem of housing affordability. At the end of August, the Census Bureau released 2018 data from… Read More ›

Home Construction in Manufacturing Areas Weakened after 2017 Strength

The second quarter 2019 edition of the NAHB Home Building Geography Index (HBGI) introduces a new analysis of residential construction in manufacturing-intensive areas, in addition to updating trends for previously-defined areas of the exurbs, suburbs and rural markets. The HBGI data find that manufacturing areas experienced above-trend growth for single-family construction in 2017, followed by declines in 2019 as the… Read More ›

Home Buyers’ Perceptions on Affordability Improve Slightly

In addition to analyzing buyers’ perceptions about housing availability, the Housing Trends Report also explores perceptions about housing affordability.  To this end, the poll asks prospective home buyers to estimate the share of homes available in their markets they believe they can afford. In the first quarter of 2018, 82% estimated they could afford fewer than half the homes for-sale… Read More ›

22% of Home Buyers Expect House Search to Get Easier Soon

In the first quarter of 2019, adults planning a home purchase (i.e. prospective buyers) were asked about their expectations for housing availability in the near future. Results show that 22% expect the search for a home to become easier in the months ahead, an improvement over the 16% who had that same expectation a year earlier.  During this period, the… Read More ›