Apartment List reports in their May 2025 National Rent Report that the national median rent rose 0.5% month-over-month in April to $1,392, while remaining down 0.3% year-over-year. Vacancy rates hit…
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Newsletter:
Buyers are turning to riskier ARM loans
Diana Olick of CNBC reports that the average 30-year fixed mortgage rate surged 13 basis points to 7.1% on Friday—the highest level since February—driven by volatility in the bond market…
Inflation expectations highest since 1981
Fan-Yu Kuo of the National Association of Home Builders (NAHB) reports that inflation cooled to a six-month low in March, with the Consumer Price Index (CPI) rising 2.4% year-over-year, down…
Elevated recession risk according to experts
Barney Henderson of Newsweek reports that JPMorgan Chase CEO Jamie Dimon has warned that tariff policy risks pushing the U.S. into a recession, fueling inflation, and straining vital international alliances.…
Builders reevaluating projects amidst tariffs
Danielle Hale of Realtor.com reports that existing home sales rose 4.2% in February 2025 to a seasonally adjusted annual rate of 4.26 million, though they still trailed last year’s pace…
Home prices rise 3.2%, led by Midwest
Lily Katz of Redfin starts us off this week reporting that while U.S. home prices rose 3.2% year-over-year in February 2025, the Midwest led the surge, with Milwaukee’s median sale…
Why home sellers are worried about the housing market
Joel Berner of Realtor.com reports that mortgage rates have dropped, with the Freddie Mac 30-year rate falling 13 basis points to 6.63%, the lowest since December. This decline, driven by…
Rents rise for the first time in 6 months
Yesterday, tariffs went into effect for several U.S. trading partners. Jeff Andrews of HousingWire reports that tariffs on steel, lumber, and various goods from China, Mexico, and Canada will add…
Single-family rent growth slows to 14-year low in 2025
CoreLogic released its monthly Single-Family Rent Index report highlighting that growth slowed to 1.5% year-over-year in November 2024, the lowest in over 14 years. Detroit led with a 6.1% increase,…
