Items Tagged with 'Aaron Terrazas'

ARTICLES

  • Construction spending barely inches forward

    August is 6.5% above August 2017
    The U.S. Census Bureau of the Department of Commerce announced that construction spending during August 2018 was estimated at a seasonally adjusted annual rate of $1.319 trillion, only 0.1% above the revised July estimate of $1.317 trillion.
    Read More
  • Zillow: The rent growth fever just broke

    For the first time in six years, year-over-year rent growth is flat
    The rent growth fever may have just broken. For the first time in six years, year-over-year rent growth is flat. According to a new report from Zillow, the national median rent in August came in at $1,440, unchanged from a year ago. This is the sixth consecutive month of slowing rent growth and month 27 of sub-3% annual growth.
    Read More
  • Is the U.S. rental market tilted against low-income renters?

    A panel of experts explores the issue in a roundtable conversation at Wharton School
    Is the U.S. rental market helping to increase inequality? More and more, Americans are turning to renting out of necessity, as the first rung of the property ladder is pulled farther and farther from the ground. But now, thanks to the gargantuan demand for rental units, even finding a rental dwelling is becoming less and less affordable for low-income earners.
    Read More
  • Case-Shiller: Home prices increase 6.2% in June

    West continues to leads in home price gains
    Home prices saw another annual increase, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. Zillow Senior Economist Aaron Terrazas says it is hard to ignore the shifting climate in the housing market.
    Read More
  • Zillow: America will have 23 more $1M housing markets by next year

    Affordability is slated to die for good in more and more cities in the U.S.
    Over the next year, the median value of a home will soar to $1 million or more in 23 more U.S. cities, providing further evidence of the worsening affordability of housing around the nation and a harbinger of how much worse it will get. Is it time to say goodbye to affordability?
    Read More
  • Zillow: Slowing rent growth signals stability in multifamily

    As rent growth tapers off, market moves toward equilibrium after hitting peak in 2016/2017
    Though rent growth is slowing, bringing with it fears of a big tumble in the multifamily market, Zillow’s research indicates the median rent is growing faster than it was last year and that current conditions signal stability rather than a crash.
    Read More