Housing Market

Heartland city emerges as top US market — where typical home is $200K less than national median
Toledo tops U.S. housing market with $235K homes and booming demand.


Stephenson County home listings asked for more money in March - see the current median price here
Stephenson County home prices surge 19.2% in March listings
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Renter Nation Returns? Multi-Family Building Permits Soared In November
Renter Nation Returns? Multi-Family Building Permits Soared In November A mixed picture of the housing market this morning with Housing Starts declining for the third straight month (-1.8% MoM vs +2.6% MoM exp) but Building Permits soaring 6.1% MoM (massively outperforming the +1.0% exp) - the biggest MoM jump since Feb 2023...Source: BloombergThat lifted the Permits SAAR to 1.505mm - the highest since Feb 2024 - while Starts SAAR fell to near COVID lockdown lows...Source: BloombergThe surge in Permits was all thanks to multi-family units (which rose 22.1% MoM - the most since Feb 2023) while multi-family Starts plunged 24.1% MoM...Source: BloombergWhat's interesting is that homebuilders suddenly seem optimistic (about renter nation), despite a plunge in rate-cut expectations...Source: BloombergHow will they feel about a hawkish rate cut later today? Tyler DurdenWed, 12/18/2024 - 08:40

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