U.S. Cities With the Highest Rent Prices
12 states now have median market rents exceeding $2,000 per month, an increase from nine states last year. These are the states and metros with the highest rent prices in the nation.
Jonathan Jones
Jonathan Jones is a senior researcher and data journalist for Construction Coverage. He received his J.D. from Loyola Law School in Los Angeles and has degrees in philosophy and political science from UCLA.
When Jon is not researching real estate and public policy, he likes to fix up old cars and work on home improvement projects.
American Cities With the Biggest Seasonal Changes in Home Prices
Though predictable overall—with home prices often rising in the spring and summer, and demand typically softening in the fall and winter—some housing markets see much greater seasonal changes in home prices than others. These are the locations with the largest seasonal changes in home prices.
U.S. Cities Building the Most Multi-Family Housing
Multi-family housing plays a crucial role in bolstering housing availability in states with substantial urban populations. Nationally, approximately 29% of the current housing stock falls under the multi-family category, although this figure exhibits significant regional disparities. Looking at new units authorized by building permits in 2023, researchers identified the states and metros building the most multi-family housing.
Cities With the Most Homebuyers Under 25
Some U.S. locations prove more favorable to young adults seeking homeownership than others. We calculated the share of all home purchase loans taken out by applicants under 25 years old in 2023, then ranked metros and states accordingly.
U.S. Cities Investing the Most in Home Improvements
Investing in home improvements varies by location due to factors such as cost of living, local economic conditions, and the housing market. Our researchers ranked U.S. states and metros according to the number of home improvement loans taken out per 1,000 owner-occupied households.
The Best-Paying U.S. Cities for Electricians
Demand for electricians will grow nearly 3X faster than the overall job growth rate in the coming years, as more of the nation's energy infrastructure transitions to renewable sources. These are the best-paying U.S. states and metros for electricians.
U.S. States Investing Most in Manufactured Housing
The average cost per square foot of a manufactured home is $87, roughly half the $166 cost per square foot of a site-built home. For lower- and middle-income families, this more affordable option has significant appeal. Our researchers identified the U.S. states investing the most manufactured housing.
Cities With the Most Mortgage Delinquencies
A combination of elevated interest rates and the end of most COVID-related financial assistance programs has led to increased frequencies of missed mortgage payments. These are the U.S. metros and states with the most mortgage delinquencies.
Cities Where Construction Workers Would Have To Work the Longest Hours To Afford a Home
Elevated home prices, inadequate homebuilding pace, and wages failing to keep pace with inflation are making it difficult for construction workers to afford to purchase a home in the cities where they work. Our researchers identified the most unaffordbale housing markets for construction workers.
Where Are Millennials Buying Homes in the U.S.?
In order to cope with rising prices, millennials are taking out larger home loans with higher loan-to-value ratios than older generations. To identify where millennials are buying homes, researchers ranked metros and states according to the millennial share of conventional home purchase loans originated in 2023.
U.S. Cities Building the Most Homes
Although supply is a challenge across the U.S., some locations are progressing faster than others in authorizing new construction. Researchers ranked locations according to the number of new housing units authorized per 1,000 existing homes in 2023.
U.S. Construction Industry Facts, Stats & Trends
Every sector of the U.S. economy relies on the construction industry in some capacity. But just how big is the construction sector and how fast is it growing? This page provides an overview of key statistics and trends within the…
Construction Jobs With the Fastest-Growing Wages
The U.S. is in the midst of a skilled worker shortage that is projected to worsen as an already aging construction workforce reaches retirement. To fill the demand, construction firms will need to recruit the next generation of skilled workers—and one way to attract more qualified workers is by increasing pay.
Best-Paying States for Women in Construction
Nationally, full-time female workers earn $52,478 annually in the construction sector. However, pay varies widely by state, and regional differences in the cost of living affect how far a salary will go in a given location. These are the best-paying states for women in construction.
Cities With the Biggest Increase in Construction Jobs
In recent years, financial commitment from the federal government to rebuild and expand critical American infrastructure has been a boon for the construction industry. While short- and long-term labor shortages persist at the national level, some parts of the country have seen substantial growth in construction hiring.