May saw the US housing market smash almost every record on the books. Sales and prices climbed to new highs and supply dropped to a historic low. Does this mean it has reached its peak? Read on to find out.
US single-family rents rose by over 5% in the year to April, the highest rate for 15 years. Detached homes with private space saw the biggest hikes in a market that shows no sign of cooling down.
New apartments in the US now have a bigger footprint to satisfy tenants' increasing demand for more space. New builds now have an extra 50 square feet in key metro areas. Find out more
The latest estimates of the housing shortage in the US put the deficit at almost 4 million single-family homes. The strong demand for property increases the shortfall by over 50% in just threes years, highlighting the acute lack of inventory in the US real estate market.
When it comes to choosing between the stock exchange and real estate investment, Americans overwhelmingly opt for property. Their motives include the higher returns and less volatility found in property assets.
US commercial real estate leads the world market with US metros taking 16 out of the top 30 positions. Canadians, South Koreans and Germans are the biggest investors with industrial property and multifamily residential the preferred property types.
The US real estate market starts the year on a strong note with the highest sales since 2006. Prices also soared by over 14% and inventory levels sank still further. Analysts point to a busy 2021 with buoyant sales through Q1 and Q2.
US home construction reaches its highest level in December 2020 since 2006. Both new-build starts and permit applications soar, particularly for single-family homes. However, this surge in activity fail to keep pace with demand levels that are predicted to remain high during 2021. Find out why.
The market for build-to-rent properties in the US has taken off this year in the light of strong demand for single-family homes in suburbia. Analysts point to multiple investment opportunities in a market with big interest from REITs and non-property investment funds as well as individual investors.
Higher prices, more expensive mortgages and an increase in sales form the basis of predictions for the US property market in 2021. This scenario has interesting implications for investors. Find out why in our latest news article.
In Q3, US house prices rose across the board with 65% of metros registering double-digit increases. Single-family home prices rose in every one of the 181 metros included in the NAR report as the market shows no signs of flagging in 2020.
The trend for staycations and search for new homes lead to busy winter for short-term lets in Florida. Rates look set to double in some areas predicted to see record levels of occupancy. According to new survey data, staycations are here to stay during 2021 as well.
Builder confidence in the US reached an all-time high in October after a record September. This together with a surge in demand and the increase in single-family home starts and sales leads experts to believe the market has excellent potential in the short and medium term.
Price hikes, lower inventory levels and fast sales in September set the tone for an unusually busy autumn for the US property market. Competition for homes will be fierce and many buyers will not be able to purchase the property they want. As a result, opportunities for buy-to-let investment will open up even further.
Data compiled recently from 2019 reveals that condo properties in the US appeal strongly to millennials and first-time buyers, to the extent that supply dropped to just 4 months at the end of the year. Prices continue to rise across the country with Florida one of the hotspots for investment in this type of property.
Despite unemployment and lower GDP growth, the effects of covid-19 are sustaining the US housing market. Pending sales and house prices are increasing while inventory levels plummet meaning analysts forecast stiff bidding wars between buyers over the rest of the summer.
