Plotify Insights will analyze trends and factors that influence the US housing market. Our updates will enhance your understanding of market conditions and help you navigate the evolving landscape.
Newly published data from the US Census indicates that Housing Starts, a key metric gauging multi- and single-family construction, declined overall in January by 14.8% from December’s revised figures.
The Bureau of Labour Statistics' most recent release of their Consumer Price Index (CPI) showed a 0.3% increase for December, up 3.4% over the year.
Unemployment figures released last Friday in the jobs report by the U.S. Bureau of Labor Statistics show unemployment standing at 3.7% for December 2023.
As we enter 2024, this Plotify Insight explores ongoing post-pandemic housing market shifts, household formation trends, and how rising rental and homeownership costs continue to shape the single-family housing market.
During its last policy meeting for the year, the Federal Reserve announced the maintenance of its target rate at 5.25 - 5.50%, marking the third consecutive meeting at this target rate.
Recently released National Association of Realtors (NAR) data shows a decrease in existing home sales, decreasing 4.1% month-on-month.
The recent release of the Bureau of Labour Statistics indicates an ongoing decline in the Consumer Price Index (CPI), a measure of the average price change over time for a basket of goods and services purchased by consumers.
The University of Michigan's Survey of Consumers recently published preliminary figures showing consumer sentiment falling for a fourth month straight, down 5% in November.
Unemployment figures released last Friday in the jobs report by the U.S. Bureau of Labor Statistics show a slight increase in unemployment from last month at 3.9% for October.
This morning’s release of the S&P/Case-Shiller Home Price Index shows a continued, upward climb in home prices.
In the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses saw a significant monthly growth of 12.3% in September.
Newly published data from the US Census indicates that housing starts, a key metric gauging multi- and single-family construction, grew in September, increasing 7.0% month-on-month from August’s revised figures.
The Bureau of Economic Analysis recently shared Personal Consumption Expenditures (PCE) Price Index data. The PCE is the Federal Reserve's preferred measure of inflation, generally cited within its rate-setting policy.
Our most recent Insight highlighted some key characteristics of Pittsburgh's housing market - but below, we explore Homestead's housing market and continued growth, sharing a few of our neighborhood analysis and assessment metrics.
Pittsburgh's property market is underpinned by strong fundamentals: a thriving economy, strong employment sectors, and affordable housing for renters and buyers.
Huntsville's real estate market continues to chart an upward trajectory. Home prices and rental rates continue to be driven by the City's booming tech and engineering sectors, affordable living costs, and high standard of living.
The Atlanta market is experiencing constrained inventory, rental growth, and strong employment. Reflecting these trends, over the past four years, home prices in Atlanta have appreciated more than 58%, while the US average was 43%.
In alignment with market expectations, the Federal Reserve just announced that their target rate would remain at 5.00 - 5.25%.
We are excited to launch Plotify’s Expert Corner, where leaders from the housing industry share their perspectives.
The Federal Reserve just raised the target Federal Funds rate to 5.00 - 5.25%.
Housing starts, a measure of new residential construction, declined in March, down 17.2% from a year ago.
The current 30-year fixed mortgage rate sits at 6.3%, down 0.4% from a month ago.
The Bureau of Labour Statistics recently released Consumer Price Index data
The Census Bureau recently released US residential and nonresidential construction spending data.
Our focus this week is the S&P/Case-Shiller Home Price Index.
As the SFR market sees its highest rate of rent growth in years, investors should be aware of trends, advantages, and risks.
We’ve looked at traditional property investment and digitised the process, turning the acquisition from months into minutes.