Mediaroom

This increase in more affordable homes is good news for first-time buyers who have struggled to find inventory at their price point

- Nationally, investors took more inventory off the market than they contributed in April; their purchases represented 5.7% of all home sales

35% of college students say they cannot afford to rent an apartment in their college town

The U.S. median rental price increased 8.1% year-over-year to a median of $1,575

Top markets for new listings growth include: Milwaukee (+44.7%), San Jose (+40.7%), and Cleveland (37.9%)

Nearly half of future Gen Z homebuyers see themselves living in the suburbs

Room for extended family and pets, home office and internet rise in importance for buyers who realize the need to compromise in today's competitive market

Monthly rents rise 5.5% year-over-year to an average $1,527

Members of the LGBTQ community are less likely to be homeowners; neighbors are key to feeling accepted

Price Growth Remained in Double Digits for 10th Straight Month in May; Price Growth Moderation Expected Later in 2021