b'
MARKET INDICATORS SNAPSHOT
WEEKLY
MONTHLY
QUARTERLY
Sources: NAR, BLS, Federal Reserve Bank
PROPERTY MARKET
Most of these investors will come from the Middle East and Asian regions teeming with high-net-worth buyers.
REITS are expected to have a 19% upside potential that make an annualized 12 to 15% total return in the coming year.
\\xa0A recent survey by nonprofit research group reveals that structural damage from flooding is projected to cost $13.5 billion in 2022
HOUSING TRENDS
Leading the pack is Portland in Maine where home prices are estimated to grow by 10%.\\xa0
The typical U.S. home sold for nearly $400,000. Plus nine more records set in 2021.
HOUSING VALUES & RENT
The value rose 14% year-over-year to $360,250. It was up 30% compared to the recorded value in 2019.
Analysts agree regarding rent hike forecasts in the coming year with rents for single-family homes across the country hitting more than 9% on average in August 2021 YoY.
ECONOMY & EMPLOYMENT
Nonresidential construction firms sustained their three-month streak adding 20,800 employees. Residential construction jobs, on the other hand, added 10,300 employees.
The Consumer Price Index for All Urban Consumers (CPI-U) was 0.8% in November 2021.
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