Hourly wages for residential building workers averaged $32.28 per hour as of June

Due to strong job markets, growing populations, and low housing inventory, many California cities top the list of most expensive areas to buy a home

By next summer, the US housing market could see home price increases cool to 2.3% year-over-year, compared with the 4.7% increase observed this year

Outstanding mortgage debt hit an all-time high in June, but rising home prices outpaced that growth. The upshot: a new record high for mortgage holder equity

Prices for new-build homes are increasing overall, but not in every local housing market

More than a quarter of Gen Zers are likely to forgo a safe location, compared with just 5% of Baby Boomers

But while low rates are a positive sign for prospective buyers, a drop in rates could also signal challenges in the larger US economy

The multi-decade low for housing affordability is taking the greatest toll on younger homebuyers

Of those surveyed, veterans are more likely to purchase a home prior to the election, while civilians are more likely to wait out the results of the election