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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

Top 25 Finalists for Ivory Innovations' Housing Affordability Prize esorum Thu, 03/16/2023 - 09:09 This year’s finalists in the Construction & Design category include solutions to the labor shortage as well as environmentally friendly building solutions focused on decreasing construction time.

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How Single-Occupant Households Are Exacerbating a Rental Affordability Crisis

Pro Builder

Between 2021 and 2022, rents rose 17% in Chicago, 13% in Seattle, and 10% in Washington, D.C., Instead, more single-occupant households are filling those inventory gaps and keeping cost high, even as the total share of renters continues to fall. Insider reports.

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How Single-Occupant Households Are Exacerbating a Rental Affordability Crisis

Pro Builder

Between 2021 and 2022, rents rose 17% in Chicago, 13% in Seattle, and 10% in Washington, DC, Insider reports. Instead, more single-occupant households are filling those inventory gaps and keeping cost high even as the total share of renters continues to fall.

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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. higher, San Diego prices jumped 24.7%, and Seattle posted a 23.4% Chicago, Cleveland and Minneapolis reported the lowest gains, although they were still in low double-digits. “We