After a strong performance towards the end of 2021, existing home sales experienced an unanticipated decline in December. Thus, home sales fell 5% from November to December 2021. However, the United States real estate market realized a massive 8.5% improvement over 2020. In doing so, existing home sales achieved their best year since 2006. Drop […]
Housing Inventory
Home Buyers Face Strong Barriers in the Housing Sector
In the United States housing sector, home buyers face strong barriers heading into 2022. While December 2021 saw major FHFA changes, housing starts and home sales remain competitive. Home Buyers Face Strong Barriers to Entry in Housing Inventory In 2022, home buyers face strong barriers in the real estate market. The first major barrier stems […]
Housing & Employment Pulled Off a Remarkable Rebound
Housing and employment pulled pulled off a remarkable rebound after a tumultuous 2020. Last year, both sectors saw numerous setbacks as homes sat idle on the market while businesses laid off hundreds of thousands of workers. Taking a look at July’s data, we see that 2021 is singing a different tune. Housing & Employment Pulled […]