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Housing affordability

Why housing inflation looks sticky

by Kristin Schwab
Sep 30, 2024
August's personal consumption expenditures index clocked in at 2.2%. That's down from July, but the housing category is one of the slowest to cool.
Housing inflation is stubborn, in part, because there's simply not enough housing.
Frederic J. Brown/AFP via Getty Images
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Apartment rents aren't rising as quickly anymore, but remain far higher than pre-pandemic

by Samantha Fields
Sep 3, 2024
In New York the median rent for a one-bedroom just crossed $4,500, by one estimate.
A milestone few New Yorkers are celebrating: The median rent for a one-bedroom apartment there is currently $4,500.
Spencer Platt/Getty Images
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Election 2024

At the DNC, mayors underscore need for affordable housing

by Nova Safo
Aug 20, 2024
"[Housing] is the leading issue that American mayors cite when talking about the big challenges facing their cities," said Columbus Mayor Andrew Ginther.
Mayors at the Democratic National Convention on Monday.
Nova Safo/Marketplace
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California governor pushes for homeless crackdown in wake of Supreme Court decision

by David Brancaccio and Erika Soderstrom
Aug 19, 2024
Ann Oliva of the National Alliance to End Homelessness says Gov. Gavin Newsom's policy of clearing encampments could make things worse.
"Our elected leaders need to commit to long-term solutions, because this problem wasn't created overnight and it's not going to be solved overnight," said Ann Oliva of the National Alliance to End Homelessness.
Mario Tama/Getty Images
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Why do mortgage rates move when the Fed keeps interest rates stable?

by Henry Epp
Aug 8, 2024
The federal funds rate, set by the Federal Reserve, is just the first layer that goes into determining mortgage rates.
There’s more that goes into mortgage rates than just the federal funds rate, which the Federal Reserve sets.
Justin Sullivan/Getty Images
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Mortgage rates fall in anticipation of a Fed rate cut

by Mitchell Hartman
Aug 8, 2024
Rates hovered around 7% for a good part of this year.
Mortgage rates are now the lowest they've been since May 2023.
Scott Olson/Getty Images
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New study indicates finances are putting some adults off having children

by Samantha Fields
Jul 29, 2024
The survey from the Pew Research Center says child care costs and student debt are among the factors dissuading potential parents.
Sean Gallup/Getty Images
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High housing costs likely to play a role in the UK's general election

by Leanna Byrne
Jul 1, 2024
The cost of housing is a big issue in the U.K. general election. Are people actually hopeful that politicians’ pledges could improve things?
The average property price paid by a first-time buyer in the U.K. last year was just over a quarter of a million dollars.
Justin Tallis/AFP via Getty Images
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Homes in most metropolitan areas are overvalued, a new report says. Here's why.

by Caleigh Wells
May 22, 2024
Normally, higher interest rates mean cheaper homes. Not this time.
Saul Loeb/AFP via Getty Images
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Living Together: The Wealth of Generations

Why multigenerational households are making a comeback in a big way

by Chris Farrell
Apr 3, 2024
From 1971 to 2021, the number of people living in multigenerational family households in the U.S. quadrupled to nearly 60 million people.
Nearly half of young adults between 18 and 29 live with their parents — a high not seen since the Great Depression.
SolStock/Getty Images
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