Salt Lake home prices have increased nearly 47 percent over the past five years, and more than 371 percent since 1991, according to a recent report by the Federal Housing Finance Agency. Nationwide, home prices have increased 32.81 percent over the same five-year period. Over the past year, home prices across Utah increased 9.80 percent, the third highest house-price appreciation of all states, the report said The FHFA House Price Index (HPI) is a broad measure of the movement of single-family house prices. The HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. (Courtesy of Salt Lake Board of Realtors)
Housing Market’s Next Chapter: Second Half 2025
Borrowing costs set to ease, boosting affordability and enticing sidelined buyers back into the market. Sales expected to strengthen modestly, with fall poised to show the year’s best momentum. Prices likely to rise gradually, reflecting steady demand and limited...
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: Among States With High Home Values by 2030
Slide 1: "Utah’s Silicon Slopes drive home prices toward $673K by 2030." Slide 2: Limited housing and zoning challenges keep prices rising fast."
4 Smart Ways To Find a Reliable Real Estate Agent
Homebuyers and sellers can benefit from working with reliable real estate agents, as 89% of recent homebuyers chose to do so. To find a trustworthy agent, consider these strategies: 1. Research recent property sales in your area to identify active agents. 2. Call...
5-Year Forecast Favors Buying Over Renting
Buying isn’t just a home — it’s a wealth-building move for your future. Example: Buy a $300K home with 5% down = $82K equity in 5 years.
Do New Roofs Save Money and Energy?
Impact-resistant shingles and metal roofs extend roof life while safeguarding against costly storm damage. Solar-compatible roofs allow easier renewable energy adoption, even for homeowners not installing panels yet. Cool roofing systems lower household cooling bills...