Veros Real Estate Solutions is a top choice for real estate data and technology.
U.S. home prices have surged 47% since 2019, while household incomes rose only 22%, leaving millions priced out of homeownership. Even as mortgage rates ease near 6.3%, affordability remains at record lows, with coastal and Sun Belt metros hardest hit and only a few Midwest cities still within reach for median-income buyers.
Why Homes Feel Less Affordable: Prices Running Ahead of Paychecks Read More »
What’s the outlook for 2025 and beyond? Veros’ economist provides a detailed economic overview of the United States in 2025, covering inflation trends, labor market conditions, mortgage rates, homebuilding activity, and housing affordability challenges. Read the Q4-2025 Quarterly Update
Q4-2025 Quarterly Economic & Housing Market Update Read More »
Over the last several years, the U.S. housing market has seen a sharp decline in buyer activity. In May from 2016 to 2022 (except 2020), over five million homes were sold at an annualized rate. In contrast, May 2025 saw just four million sales (NAR). This drop is not limited to first-time buyers—repeat buyers are also pulling back from the market. So, where have all the buyers gone?
Where Have All the Homebuyers Gone? Read More »
The strong inflation reading for June was largely due to higher shelter and food prices, as well as goods that are more prone to higher tariffs. The shelter category of the CPI (Consumer Price Index), which includes housing costs, continued to be a significant and persistent driver of overall inflation. The shelter index increased 3.8% over the last year. However, there are emerging indicators that housing cost pressures may be easing.
Q3-2025 Quarterly Economic & Housing Market Update Read More »
While the March 2025 Consumer Price Index shows a welcome easing of overall inflation to 2.4%, the persistently high 4.0% year-over-year increase in shelter costs remains a significant obstacle for housing affordability. This sustained rise in housing expenses continues to strain household budgets and complicate the decision for many potential homebuyers in the current market.
Q2-2025 Quarterly Economic & Housing Market Update Read More »
Housing was expected to become affordable in 2024, but mortgage rates remained elevated, and prices continued to increase. While a brief decline in mortgage rates to 6.08% in September offered a glimmer of hope, rates subsequently rebounded to 6.85% by year-end.
The Great Housing Affordability Wait Read More »
RiskWire now offers forecasts for key macroeconomic indicators like unemployment, inflation, and mortgage rates. Whether you’re an investor, business owner, or curious about the economy, these insights can help you make informed decisions. Visit RiskWire’s Market Indicators page for accurate, timely forecasts.
RiskWire: Access Macroeconomic Forecasts Now! Read More »
Mortgage interest rates have been more or less declining over the past four decades from a peak of 18.3% in October 1981 to a bottom of 2.7% in July 2021. This was mostly driven by a Federal Funds Effective Rate that dropped from 15.1% to 0.09% over the same timeframe.
The Fed Got Its Mojo Back Read More »
The AI industry is flourishing, resulting in an expected real estate demand increase. However, Housing prices in San Francisco are still unaffordable. It remains unclear whether the housing market will improve in a big way, despite VeroFORECAST predicting a 3.6% drop in housing prices over the next 12 months in the city.
Will San Francisco’s technology sector lead the housing market recovery? Read More »
Curious where the Spring 2023 housing market is headed?
Listen to the latest episode of the National Mortgage Professionals podcast titled “What to Expect from the Spring Buying Season,” where Eric Fox, Veros’ Chief Economist, discusses the recent dramatic market volatility and how it may stabilize.
Podcast: What To Expect From The Spring Buying Season Read More »