Metrostudy’s Inland Empire Regional Director, John Mulville, spoke at the Southern California Chapter of the Appraisal Institute on June 7, 2018. The event, which was the 21st Annual Market Trends Seminar, drew a large crowd. Mulville focused particularly on new home sales in the Inland Empire region of Southern California, ...

           Metrostudy’s Senior Vice President, David Brown, spoke on June 6th at Zillow Group’s New Construction Summit, which was held in Minneapolis, MN. The event provided a excellent chance to better understand the National Housing Market as well as the direction the industry is headed towards in the ...

Annual New Home Starts in the Atlanta metro region are up 10% YoY, and Annual Closings are up 9% from 1Q17 levels; Quarterly New Home Starts are up .4% from 1Q17; Quarterly Closings are 5,575 YoY Resale Inventory is at historically low levels – the region has had less than ...

1Q18 New Home Starts are down 8.2% YoY; Quarterly Closings are up 8% YoY. Annual Starts are down 2.7% YoY; Annual Closings up 10.8%, continuing the market’s post-recession rise in closings. Tepid job and wage growth impacted 1Q18 new home starts, but business growth in Chicagoland area is strong and ...

1Q18 Annual New Home Starts up 22.9% YoY; Annual Closings up 17.5% YoY The volume of finished vacant inventory continues to trend flat and the month’s supply dipped modestly lower through 1Q18, reflecting the significantly tight market for new home buyers. Metrostudy projects new home growth of 18% through the ...

1Q18 New Home Starts are up 2.3% YoY; Quarterly Closings are down 14.1% YoY Annual Starts are up 2.3% YoY; Annual Closings are up 0.5% YoY. Metrostudy views the Sarasota/Bradenton market as ‘stable’ over the next five years, with potential challenges likely to come from affordability issues: both the cost ...

Quarterly New Home Starts are down 14% from 1Q17 levels, while Annual Starts are down 4.6% YoY. Quarterly Closings are down 13% YoY; Annual Closing are up 5.7%. The single-family detached median new home price in 1Q18 was $349,945, up 9.2% from the same period last year. The average price ...

Quarterly New Home Starts are up 5% from 1Q17 levels; Annual New Home Starts are up 8.5% YoY. Quarterly Closings are up 9% YoY while Annual Closings are up 6.4% from 1Q17. Production is shifting to higher price points as units priced under $200k decline due to rising costs and ...

Metrostudy’s East Region Senior Advisor, John Spies, gave the keynote address at the Greater Orlando Builders Association’s Central Florida Construction Update on May 16. Spies spoke about the health of the Orlando metro’s economy, offering the following key points: Employment growth remains strong and will continue to support housing demand ...

Quarterly New Home Starts are down 1% from 1Q17 levels, even as Annual Starts are up a moderate 5.7% YoY. Quarterly Closings are down 6% YoY while Annual Closings are up 6.9% from 1Q17 Builders from the nearby Raleigh and Durham regions have been seeking out development opportunities in the ...