Is 45 the new 30 for measuring homebuyer affordability?

The ‘30% rule’ may be a thing of the past
Case-Shiller and FHFA indexes reveal a ‘housing market in transition’

April’s slowing home price growth showed notable cooling in Sun Belt states
Commercial Property Pulse: Outdated downtown offices are experiencing the highest market stress

The office sector is the most troubled commercial real estate property type in this economic cycle
After months in decline, existing home sales rise slightly

‘Relatively subdued sales’ continue due to persistently high rates, NAR reports
Suburban self-storage building boom at ‘breakneck speed’

Sun Belt states, such as Florida and Texas, lead the way in storage capacity growth
Home flips hit lowest volume since 2018

Home flipping profits continued a downward trend in the first quarter
Weekly mortgage applications fall on economic volatility

International conflicts and tariff uncertainties discouraged potential home buyers
HUD reports five-year low for housing starts

May housing starts were down 10% month over month, driven by a sharp dip in multifamily construction
Builder sentiment dips to third-lowest mark since 2012

Despite price cuts, prospective homebuyers are ‘moving to the sidelines’: NAHB
Single-family construction permits decline in April for the fourth month in a row

Multifamily permits have also dipped year to date: NAHB