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23.9% Of California Housing Is High-Density, 4th Most In U.S.

23.9% Of California Housing Is High-Density, 4th Most In U.S.

Mike LaFirenza High-density housing can provide a number of important benefits to communities and the residents who live there. All else being equal, research suggests that residents in high-density communities tend to be more physically active and healthy. Their costs for utilities and transportation tend to be lower, and as a result, high-density communities may […]

64.7% Of California Homes Are Single-Family, 8th Lowest In U.S.

64.7% Of California Homes Are Single-Family, 8th Lowest In U.S.

Mike LaFirenza The COVID-19 pandemic has reshaped the real estate market in the U.S. in many ways, changing where families want to live and the types of housing they prefer. Early on in the pandemic, many families in densely populated urban areas set out for more spacious homes in rural or suburban areas. As more […]

New Single-Family Home Sales Decline in April

New Single-Family Home Sales Decline in April

Robert Hughes Sales of new single-family homes fell in April, decreasing 5.9 percent to 863,000 at a seasonally-adjusted annual rate from a 917,000 pace in March. Sales are still up 48.3 percent from the year-ago level but have fallen in five of the last nine months (see top of first chart). Weakness over the last […]