The latest NAHB/Wells Fargo Cost of Housing Index (CHI) highlights the ongoing affordability crisis in the U.S. housing market.
CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.
According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.
Recent research from CoreLogic in Q3 of 2024 underscores the prominent role of smaller investors, commonly referred to as mom-and-pop landlords, who typically own three to ten properties.