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Building Material Prices Up 31.3% Since January 2020

Building Material Prices Up 31.3% Since January 2020 The NAHB’s Eye on Housing says the prices of goods used in residential construction (excluding energy) rose 1.6% in February, according to data from the Bureau of Labor Statistics.   Their data show that building materials prices increased 20.4%, year-over-year, and have risen 31.3% since January 2020.Click here

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New Home Sales Down 4.5% in January

New Home Sales Down 4.5% in January The U.S. Government is reporting that sales of new single-family houses in January, 2021 were at a seasonally adjusted annual rate of 801k, which is 4.5% lower than December’s revised rate and is 19.3% lower than one year ago.  The median sales price of new houses sold in

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Zumper’s National Rent Report for January ’22

Zumper’s National Rent Report for January ’22 Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in January, 2022 was $ 1,374, up 12% year-over-year and the median two-bedroom rent was $ 1,698 up 14.1%, year-over-year.  Be sure to check out their list

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