Forecast Signals Confident Buyers, Steady Prices by Late-2025
Slide 1 Total home sales in 2025 are forecast at 4.74 million units. Slide 2 Mortgage rates expected to finish 2025 at 6.5%, dipping to 6.1% by 2026. Slide 3 Forecast revisions are modest, keeping housing sales stable despite economic uncertainties. Slide 4 Fannie Mae...
Multifamily Housing Starts Surge 21% in Q2 2025
Multifamily housing starts reached 109K units in Q2 2025, with 102,000 built-for-rent, ↑ 21% yearly. Rental units made up 94% of multifamily starts, far above the long-term avg of 80% and the historical low of 47% during the 2005 condo boom. Condo construction starts...
The 8 best real estate markets in the country right now
WalletHub ranked 300 U.S. cities to identify the strongest housing markets in 2025, considering factors like home-price appreciation, foreclosure rates, affordability, job growth, and new home construction. With rising mortgage rates and a seller-friendly market,...
Are 2027 Trends Favoring Long-Term Gains?
Home prices are projected to rise 4% in 2027, reaching 10.8% cumulative growth since 2024. Experts forecast continued moderate gains in 2027, following slower increases in 2025 and 2026.
Utah: Hottest Spots for New Home Builds
Utah is one of the top states in the country for new home builds. Utah ranks No. 4 nationally, building 18.6 new homes per 1,000 existing.
Utah ranks in the Top 10 states when it comes to the highest percent change in house appreciation, according to the House Price Index by the Federal Housing Finance Agency. The report noted that Utah home prices have appreciated 46.03 percent in the past five years. Nevada posted the highest appreciation at 81.84 percent. Connecticut was the lowest at 7.91 percent. The U.S. five-year average was 34.71 percent. Salt Lake City ranked No. 22 of 383 U.S. metropolitan areas in highest appreciation. Over the past five years home prices in the Salt Lake City area have increased 47.24 percent. The HPI is a broad measure of the movement of single-family house prices. It serves as a timely, accurate indicator of house price trends at various geographic levels. Written by Salt Lake Board or Realtors