2-4 Unit Supply Climbs to 9 Months
Utah 5+ Unit Property Prices Drop 14%; 30-year fixed holds at 7.56%; Eleven Utah multi-units sold last week, nine below asking
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Utah 5+ Unit Property Prices Drop 14%; 30-year fixed holds at 7.56%; Eleven Utah multi-units sold last week, nine below asking
Read issueCondo and townhome prices slip while detached homes hold; Mortgage rates hit a new 52-week high of 7.58%; Eight Utah multi-units sold last week, all below asking
Read issueMedian Sold $/SqFt Down 8.2% from 2024; The Fed raises rates for the first time since 2023; Ten Utah multi-units sold last week, eight below asking
Read issueUtah house rents are up 8.5% in two years while apartment rents fell 2.3%; Utah's median home price reaches $520,000; Eight Utah multi-units sold last week, six below asking
Read issueSingle-family asking prices up 1.5% year to date; More than half of new Salt Lake City apartments are offering concessions; Salt Lake County value appeals close September 15
Read issueMulti-unit new listings jumped 56% in August while sellers netted 93.8% of original ask; Mortgage rates hit a 52-week high of 6.89%; Fed hike odds for September climb to 57.5%
Read issueCox admits Utah housing push has not reduced prices; Salt Lake County buyers now need $186,827 a year; Mountain West multifamily values down 10.3% since 2022
Read issueMulti-unit supply has climbed to 10.4 months; Mortgage rates ease to 6.75%; Salt Lake City caps short-term rentals at 10% of any building
Read issueMortgage rates climb to 6.79%; Eagle Mountain approves a 183% property tax increase
Read issueUtah Multi-Unit Prices Down 4.5% as Supply Hits 6.4 Months; Single-family closings up 2.9% year to date; 67 Utah entities propose $93.5 million in property tax hikes
Read issueAsking prices rose 3.4% at the top of the market and fell at the bottom; Mortgage rates ease to 6.76% after touching a one-year high; Apartment cap rates hold 1.4 points above 2022
Read issueMortgage rates climb to 6.75%, near a one-year high; Wall Street starts to sell-off rental properties as new laws go into effect.
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