US Housing Market Shows Signs of Rapid Growth
January 18, 2025 - 08:30
Housing starts in the United States surged in December, reaching the fastest pace observed since early 2024. This significant increase in construction activity reflects a renewed confidence in the real estate sector, which has been characterized as "frothy" by industry experts. Bess Freedman, CEO of Brown Harris Stevens, shared insights on the current state of the market during an appearance on "Bloomberg Markets."
Freedman emphasized the implications of this uptick in housing starts, suggesting that it indicates a robust demand for new homes. The rising pace of construction may also help alleviate some of the ongoing housing supply issues that have plagued the market in recent years. As more homes are built, potential buyers may find more options available, which could stabilize prices and enhance affordability.
Overall, the December data signals a positive shift in the real estate landscape, with industry leaders closely monitoring trends that could shape the market in the coming months.
MORE NEWS
June 20, 2026 - 01:09
If You're 45 and Want Real Estate Income, Skip the Landlord Duties and Buy VNQYou like the idea of owning real estate, but you don`t like the idea of fielding 2 a.m. plumbing calls, chasing rent checks, or sinking your down payment savings into a single zip code. You want...
June 19, 2026 - 19:34
The Art of 'Shou Sugi Ban': 5 Japanese-Inspired Homes Made With Charred Wood That Protects Them From FireA centuries-old Japanese building technique is gaining new attention in modern architecture for its surprising ability to make homes more fire-resistant. Known as `shou sugi ban,` the method...
June 19, 2026 - 03:14
AvalonBay (AVB) Could Benefit From a Changing Housing Market, Says MizuhoMizuho has raised its price target on AvalonBay Communities (AVB) to $192 from $189, keeping a Neutral rating on the stock. The firm updated its outlook for apartment real estate investment trusts,...
June 18, 2026 - 19:28
Real estate expert brands California billionaires tax a 'bad deal'A prominent California real estate figure is speaking out against a new ballot measure that would impose a special tax on the state`s wealthiest residents. Josh Altman, co-owner of the Altman...