Market Reports
Summer Kicks Off With an Unseasonably Cool Rental Market
Rental concessions hold steady at 35% – the highest level on record for June
Rent Growth Cools Slightly, Following For-Sale Market’s Lead (May Rent Report)
Softer rental and for-sale markets give prospective buyers and renters more bargaining power
Luxury Real Estate Loses Steam
While activity is slowing, luxury home values are higher than last year in all major metros except Austin, Tampa and Miami.
Some home buyers opting to wait amid uncertainty
Sales still lag new listings, despite lower mortgage costs.
Renters Need to Earn $100K in Twice as Many Markets Than in 2020 (April Rent Report)
Nationwide, the salary required to afford rent is $20K higher than it was five years ago