Raise Homeownership by Lowering Rents


Homeownership rates tend to be higher in places where rents are more affordable. Las Vegas is a rare...

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Key Takeaways From the April New Home Sales Report


New home sales unexpectedly rose 6.8 percent in April, to 517,000 units (SAAR), according to the U.S....

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Expect More of the Same from Case-Shiller in April


The March S&P/Case-Shiller (SPCS) data published today showed home prices continuing to appreciate...

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Case-Shiller Home Price Appreciation in "A Nice Groove" at End of Q1


Today, the S&P/Case-Shiller Home Price Indices showed that the non-seasonally adjusted (NSA) March...

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Recent Posts and Data

Raise Homeownership by Lowering Rents
May 28, 2015

Homeownership rates tend to be higher in places where rents are more affordable. Las Vegas is a rare market that boasts good affordability, but a lower homeownership rate. Los Angeles has terrible rental affordability and mortgage affordability, and a very low homeownership rate. Renting is traditionally a stepping stone to homeownership. And an affordable rental […]

Key Takeaways From the April New Home Sales Report
May 26, 2015

New home sales unexpectedly rose 6.8 percent in April, to 517,000 units (SAAR), according to the U.S. Census Bureau. A rebound in sales in the Midwest and South accounted for all of the increase in new home sales, while sales in the Northeast and West fell slightly. The median sale price of new homes rose […]

Expect More of the Same from Case-Shiller in April
May 26, 2015

The March S&P/Case-Shiller (SPCS) data published today showed home prices continuing to appreciate at around 5 percent annually for both the 10- and 20- City Indices, and roughly 4 percent for the national index. March marks the seventh consecutive month in which the national home price index has appreciated at a less than 5 percent […]

Case-Shiller Home Price Appreciation in "A Nice Groove" at End of Q1
May 26, 2015

Today, the S&P/Case-Shiller Home Price Indices showed that the non-seasonally adjusted (NSA) March 10- and 20-City Composites rose 4.7 percent and 5 percent, respectively, on a year-over-year basis. The U.S. National Index rose 4.1 percent year-over-year. Today’s data were in line with Zillow’s forecasts, released last month. On a seasonally adjusted (SA) monthly basis, the […]

The War at Home, Part 2: Examining Housing Affordability for America’s Soldiers & Sailors
May 22, 2015

We know that homes near military bases – those most convenient for America’s military members and their families to buy or rent – are more valuable than homes overall. But how affordable are those homes on a typical enlisted soldier’s or sailor’s salary? As it turns out, not very. And while most servicemen and women […]

Key Takeaways from the April Existing Home Sales Report
May 21, 2015

Existing home sales fell more than expected in April after a large gain in March, according to the National Association of Realtors. Monthly declines were largely driven by falling volumes in the South and West. National existing home sales volumes were up 6.1 percent year-over-year in April. Low inventory and pent-up demand from buyers continues […]

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