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San Francisco Leads the Charge in U.S. Home Price Corrections

Pro Builder

San Francisco Leads the Charge in U.S. Home prices reached unsustainable highs in the nation's most popular metros throughout the pandemic, but a major market correction is leading to substantial declines in cities like San Francisco . At least compared to markets like San Francisco, Seattle, and Phoenix.

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Latest Crane Count Shows Net Decrease with High Project Completion Rate

Construction Superintendent Magazine

Denver, Las Vegas, Phoenix, Portland, San Francisco and Seattle experienced gains that were less than the national average. The latest RLB quarterly Construction Cost Report, with data from mid-Q1 2024, shows that the national average increase in construction costs was 1.29%, similar to pre-pandemic levels.

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These Oversupplied Metros Could See Major Price Drops by Late 2024

Pro Builder

Formerly red-hot housing markets such as Seattle, Phoenix, San Francisco, and Austin, Texas, have seen substantial increases in inventory, and as a result, each metro is expected to see a double-digit price correction by late 2024. decline in home prices for 2023. decline in home prices for 2023.

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Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales

Pro Builder

Boise, Phoenix Prep for Big Changes Ahead After Years of Record Home Sales. Overpriced metros like Boise and Phoenix are seeing prices drop, sales slow, and inventory levels surge amid a major market cooldown. Mon, 07/18/2022 - 10:17. The nation's hottest housing markets aren't so hot anymore.

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New Quarterly Cost Report Charts Construction Trends

Construction Superintendent Magazine

Denver, Las Vegas, Los Angeles, New York, Phoenix and San Francisco experienced gains that were less than the national average. experiencing increases over the national average this quarter. Quarterly Cost Report highlights The U.S. quarterly national average.

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New Crane Index, Quarterly Cost Report Charts Construction Trends in North America

Construction Superintendent Magazine

Boston, Denver, Los Angeles, Phoenix, San Francisco and Washington, D.C. experienced gains that were less than the national average. Crane Index notes Boston and Toronto are the only cities.

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Record Share of Homebuyers Relocate for Affordability

Pro Builder

of Redfin users searched for homes outside of their metro areas in the second quarter of 2022 as surging housing costs make cities like San Francisco or San Jose unaffordable and destinations like Tampa and San Antonio more attractive. The typical home in San Francisco or San Jose now costs more than $1.5