Market Stadium Report

For real estate investors, understanding market velocity is just as critical as tracking price trends. To see where inventory is actually moving, we calculated the All Housing Unit Sold to Listing Momentum Score across the top 100 MSAs over the past six months.

For real estate investors, understanding market velocity is just as critical as tracking price trends. To see where inventory is actually moving, we calculated the All Housing Unit Sold to Listing Momentum Score across the top 100 MSAs over the past six months.

I was digging through the latest data for the Top 50 U.S. counties by population, and one metric kept standing out: the gap between permits and actual construction. We often treat supply data as a unified front, but I’ve been focusing on the friction between trailing 12-month permits (near-term intent) and the two-year construction pipeline (imminent supply).

We all know a historic amount of multifamily supply is under construction. The more important question is where the cranes are actually concentrated right now. To answer that, I pulled the latest data on the top 20 counties with the most multifamily units scheduled to deliver over the next 24 months. Instead of slicing this into a complex model, I looked at the raw delivery volume to see where developers are making their biggest bets.

Sales volume and price growth are supposed to move together. At least, that’s the common assumption. This week, I wanted to test whether that idea still holds true. It feels intuitive, but mapping the 6-month momentum for the top 50 metros showed me that is not necessarily true. Volume and price often disconnect, and those divergences are where the real story is.

Is the single family rental market really cooling, or is it simply shifting? To get a clearer view, I analyzed the top 50 US metros by plotting recent average SFR rent levels against their six month growth trends. The result was not one national pattern, but four very different market realities playing out at the same time.

To assess near-term housing pressure, we compared 2024–2025 growth in home sales prices (condo, single-family) with multifamily rent growth across the top 50 U.S. metros.

With severe cold weather alerts popping up again across parts of the U.S., it’s a reminder that “climate risk” isn’t theoretical — it hits underwriting through insurance terms, capex volatility, and operational disruption.

Gentrification doesn’t show up at the “city” level. It shows up at the neighborhood (census tract) level — and it doesn’t look the same everywhere. This week, we translated gentrification from a vague headline into tract-level signals by isolating gentrifying census tracts within each MSA and comparing them to the overall metro baseline.