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2 months ago | 
eyeonhousing.org | Na Zhao
The homeownership rate for those under the age of 35 dropped to 36.3% in the last quarter of 2024, reaching the lowest level since the third quarter of 2019, according to the Census’s Housing Vacancy Survey (HVS). Amidst elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low. The youngest
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Jan 2, 2025 | 
eyeonhousing.org | Na Zhao
Private residential construction spending edged up by 0.1% in November 2024, according to the latest U.S. Census Construction Spending data. Year-over-year, the November report showed a 3.1% increase. The monthly increase in total private construction spending was primarily driven by higher spending on single-family construction and residential improvements. Single-family construction spending inched up by 0.3% for the month.
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Dec 26, 2024 | 
eyeonhousing.org | Na Zhao
With the end of 2024 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In February, Na Zhao shared the latest data on ages of homeowners as well as when their homes were built. The median age of owner-occupied homes is 40 years old, according to the latest data from the 2022 American Community Survey[1].
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Dec 13, 2024 | 
nature.com | Petra Mlcochova |Na Zhao |Roman Fischer |Ravindra Kumar Gupta |Omar Shabana
Signal Transduction and Targeted Therapy - CD4 T cell contact drives macrophage cell cycle G0-G1 transition
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Dec 2, 2024 | 
eyeonhousing.org | Na Zhao |Jesse Wade |Robert Dietz |Danushka Nanayakkara-Skillington
Private residential construction spending increased by 1.5% in October, according to the latest U.S. Census Construction Spending data. Year-over-year, the October report showed a 6.4% increase. The monthly increase in total private construction spending was primarily driven by higher spending on residential improvements. Improvement spending surged by 2.7% in October and was 18.5% higher compared to the same period last year. Spending on single-family construction inched up by 0.8% for the month.
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Nov 5, 2024 | 
eyeonhousing.org | Na Zhao |Jing Fu |Fan-Yu Kuo
increased by 2.2% to a seasonally adjusted annual rate (SAAR) of $3.9 billion in the third quarter of 2024. This rise follows a 7% decrease in the prior quarter. However, private fixed investment in dorms was 1.8% lower than a year ago, as the elevated interest rates place a damper on student housing construction. Private fixed investment in student housing experienced a surge after the Great Recession, as college enrollment increased from 17.2 million in 2006 to 20.4 million in 2011.
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Oct 31, 2024 | 
eyeonhousing.org | Na Zhao |Fan-Yu Kuo |Jing Fu
Personal income increased by 0.3% in September, following a 0.2% up in August and a 0.3% increase in July, according to the most recent data release from the Bureau of Economic Analysis. The gains in personal income were largely driven by increases in wages, salaries, and personal current transfer receipts. However, the pace of personal income growth slowed from a peak monthly gain of 1.4% seen in January 2024.
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Oct 30, 2024 | 
treefrogcreative.ca | Na Zhao |Bob Brash |Robert McKellar |David Elstone
Weaker US Homeownership Data for Younger Households By Na Zhao The NAHB Eye on Housing October 29, 2024 Category: Finance & Economics Region: United States The homeownership rate for those under the age of 35 dropped to 37% in the third quarter of 2024, reaching the lowest level since the first quarter of 2020, according to the Census’s Housing Vacancy Survey (HVS). Amidst elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low. The youngest...
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Oct 29, 2024 | 
eyeonhousing.org | Na Zhao |Robert Dietz |Jing Fu
The homeownership rate for those under the age of 35 dropped to 37% in the third quarter of 2024, reaching the lowest level since the first quarter of 2020, according to the Census’s Housing Vacancy Survey (HVS). Amidst elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low. The youngest age group, who are particularly sensitive to mortgage rates, home prices, and the inventory of entry-level homes, saw the largest decline among all age categories.
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Oct 25, 2024 | 
eyeonhousing.org | Na Zhao |Fan-Yu Kuo |Jing Fu
As of 2023, nearly 40% of homeowners in the United States are mortgage-free, the highest level seen in the past 13 years. With elections approaching, it is valuable to analyze the share of mortgage-free homeowners across congressional districts, as these patterns often provide insights into the local housing market as well as demographic shifts. Both the number and the share of homeowners without mortgages have steadily increased since 2010, according to the 2023 American Community Survey.
