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Single Family Build-For-Rent Homes Reach All-Time High

Pro Builder

Today, there are 44,700 rental homes in the pipeline—triple the amount of houses completed in 2022. In the highest yearly total to date, 2022 saw a completion of over 14,500 BFR houses. Phoenix, Ariz., For example, Phoenix leads this list as well with 6,000 of its BFR units being built in the last five years. Atlanta, Ga.,

Phoenix 102
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Single-Family Home Prices Up 14.6% in April Nationwide

Pro Builder

CNBC reports that the cities with the highest year-over-year price increases were Phoenix, San Diego, and Seattle, all of which posted more than 20% price advances. Five cities – Charlotte, North Carolina, Cleveland, Dallas, Denver and Seattle – saw their largest annual gains ever. “We Housing Markets. That’s up from March’s 13.3%

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May Home Price Increase Breaks S&P Case-Shiller Record

Pro Builder

Every metro tracked in the 20-city composite recorded price increases while Phoenix, San Diego, and Seattle posted the highest annual gains of the 20 cities. Phoenix home prices were 25.9% housing market is being driven in part by reaction to the Covid pandemic, as potential buyers move from urban apartments to suburban homes.