Key Takeaways: This is the first time in over 40 years that mortgage rates – after controlling for inflation - have been negative.Inflation is 9.1%, nearly twice as high as 5.5% mortgage ...
Key Takeaways: Inflation varies a lot depending on the product, even with the same category of projects. For example, since the onset of the pandemic asphalt shingle prices have increased 8%, while ...
As interest rates for mortgages continue to rise, so does the comparative advantage of staying in place and remodeling vs. buying a new home. Key Takeaways: Controlling for hourly wage rates, a ...
Key Takeaways Even though real GDP contracted in the first quarter triggering recession fears, residential specialty trades contractor employment stayed even month over month and is 5% higher than ...
Key Takeaways 30-year mortgage rates rose to 5.11% for the first time in over a decade The combined cost of a home – base price and mortgage rate – has produced the highest lifetime cost on ...
Key Takeaways: There are 143 million existing housing units in the country, while the production rate of new homes is only 1.3 million homes per year.If all the productive capacity of new home ...
Angi’s 2021 State of Home Spending Report finds 20% year-over-year growth in home services spending. This week we released our annual report examining the behavior of households spending on ...
Today we launched the second annual edition of our flagship report The Skilled Trades in America. This original research provides a deep dive into the trade labor shortage, job satisfaction in the ...
Over the last year, construction and remodeling prices increased, the shortage of skilled labor remained and consumers pivoted their spending to the home. But what did the unexpected impact of ...
As the 2021 remodeling season gets underway, we’re relaunching our True Cost Report from years past, with a specific focus on 1) What common projects cost, 2) what causes total cost to rise or fall 3) ...
Press & Media InquiriesIf you have questions about this or any other economic, market, or research topic, you can speak to one of our economics experts by emailing mediarelations@angi.com
Angi Economics
