Research Reports
Explore data-driven research on real estate, housing, self storage, moving trends and economic forces shaping today’s markets.
Home Improvement In The US Relying Heavily On DIY, With People Splurging On Outdoor Spaces
Our homes have had many roles to fill lately – from classrooms and gyms to multi-generational living spaces and offices – and the home improvement industry has gotten a big push out of it. Homeowner improvement and repair activity increased by 16% year-over-year, from $350 billion during the second quarter of 2021 to $406 billion in the second quarter of 2022, and with a forecasted $450 billion by the first quarter of 2023, according to the Joint Center for Housing Studies of Harvard University. Even as we emerge from the pandemic, the working-from-home and hybrid work trends are here to stay, which will further support home remodeling.
Mid-Sized Cities In Arizona & Texas Lead The Country For Premier Apartment Living
Apartment construction in the U.S. is on an upward trend, with more than 3.1 million new units delivered over the last decade across the country. 2021 has been the peak year of new apartment supply as about 417K new units entered the market, up 12% year-over-year.
Chandler, AZ, Is The Country’s Best City For Pool Lovers, While Detroit, MI, Doesn’t Make A Splash
Swimming pools are a coveted amenity for many Americans and the range available is wide and varied – there are about 10.4 million residential pools in the US and almost 310K public ones. Pools are getting even more traction lately, with the pool construction industry estimated at $10 billion in 2022 having exhibited an annual growth rate of 2.4% since 2017.
Marketing Self Storage Is More Rewarding Now Than Ever Before
Because self storage provides many solutions for a wide range of challenges, the possibilities for marketing it are diverse and rather exciting. And it is a booming sector, so right now is a good time to consider new promotional ideas. If you are a self storage professional looking to market your business, you will appreciate the opportunities the industry currently offers to grow your talents.
The Most Active Real Estate Markets In The Last Decade: Development Fired Up In The US, With Texas Metros At The Forefront
America’s real estate landscape is constantly evolving, with every major city across the US having seen its fair share of real estate development in the last 10 years. But which sectors are booming, and which markets are the most active in terms of new construction?
New York City Self Storage Sees Outflux, Influx And The Nation’s Highest Growth
New York’s self storage sector satisfies local requirements in both the central and outlying areas, and was on hand during recent surges of moving activity. In terms of the space it provides per capita it lags behind other large US metros, but considerable development is underway to answer the needs of new, often younger, residents. The health of the local self storage sector is confirmed by activity in the marketplace: it saw a greater volume of transactions in 2020 than any other US city — almost half a billion dollars, most of it in Brooklyn — with street rates that, while not the nation’s fastest-rising, are steady right now.
The 25 Most Popular Destinations In Texas For Californians On The Move
Elon Musk is well on his way to being the first human on Mars, but he’s far from being a pioneer when it comes to moving to Texas. His recent move to the state is just one among the almost 190 daily moves from California to Texas that occurred from 2010 to 2019. The California to Texas moving trend has been holding up for over a decade, with almost 690,000 Californians relocating to Texas since 2010, according to our analysis of US Census data.