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Calculated Risk: Asking Rents Down 1 2% Year-over-year

A top ranked economics and finance blog with a focus on the housing market

Rick palacios jrResearch at john burnsCalculated risk real estate newsletterAsking rents downHousehold formation drives housing demandJohn burns researchMultifamily startsDecline sharplythereCalculated riskReal estateOuse pricesEsidential investmentAnk failureUto sales

After A Pandemic Pause, The Built-For-Rent Revolution Is Underway

The number new homes earmarked for the rental market is expected to double as developers clamor to partner with real estate investors.

United statesJohn burnsSudha reddyTaylor morrisonDavid howardBoyd campbellDanielle nguyenLas vegasRobert dietzBrad hunterResearch at john burnsNational association of home buildersLand instituteHaven realty capitalNational rental home councilInman connect las vegas

Massive Cancellations Make Mess Of Already Low New-House Sales

At a seasonally adjusted annual rate of 632k, new single-family house sales were down 5.8% from year-ago levels. Those sales that actually close are far lower amid a huge cancellations wave.

United statesJohn burnsRick palacios jrCensus bureauCensus bureau onNational association of home buildersNational john burns real estate consultingResearch at john burnsWells fargoNew single family houses sold annual rateSeasonally adjustedNational associationHome buildersProspective buyersHousing bustTraffic of prospective buyers

Massive Cancellations Make Mess of Already Low New-House Sales Inventory Glut at Deep Housing Bust 1 Level Buyer Traffic Plunges

Another thing: inflation. Just when you thought the construction-cost spike was abating, it hit a new record.

United statesJohn burnsWolf richterRick palacios jrCensus bureauNational association of home buildersResearch at john burnsNational associationHome buildersProspective buyersHousing bustJohn burns real estate consulting

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