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Showing posts from July, 2022

Bird's eye view on US Housing Market 2022

Homeownership Rate in US (%): Homeownership Rate in US (%) in 2021 was 65.4%, a decrease of -0.46% YoY. Average since the bottom of the financial crisis has been 65.0%, a decrease of -0.24% was observed as of the last reporting period. In the last five years Homeownership Rate in US (%) observed an increase of 0.59%. Median House Sale Price (USD): Median House Sale Price (USD) in 2021 was $423,600, an increase of 18.09% YoY. Average since the bottom of the financial crisis has been $297,853, an increase of 5.27% was observed as of the last reporting period. In the last five years Median House Sale Price (USD) observed an increase of 6.66%. Private Housing Starts (units in thousands): Private Housing Starts (units in thousands) in 2021 was 1768, an increase of 7.09% YoY. Average since the bottom of the financial crisis has been 1114, an increase of 10.30% was observed as of the last reporting period. In the last five years Private Housing Starts (units in thousands) observed an incre