Utah’s renters, like much of the renters across the country faced dramatic increases in housing costs throughout the pandemic. For the renters across the four Wasatch Front counties, average asking rents increased more in the[...]
In 2022, higher home prices and a doubling of the mortgage rate combined to erode housing affordability. Thus, homeownership has become more difficult for many of Utah’s 333,000 renter households.
During the first six months of 2022, total permitted construction value reached $7.23 billion, a 1.8% decrease over the same time period from 2021 (see Table 1). However, when controlling for inflation, the construction value[...]
During the first six months of 2022, total permitted construction value reached $7.23 billion, a 1.8% decrease over the same time period from 2021 (see[...]
The demand for rental housing increased during the COVID-19 pandemic, resulting in higher rental rates across the Wasatch Front.
After three years of increases, permitted construction value decreased between 2021 Q1 and 2022 Q1. During the first three months of 2022, total permitted construction[...]
The rise of short-term rental (STR) properties exploded globally over the last decade. Listing platforms such as AirBnB, Booking.com, and VRBO became readily accessible to[...]
The continued record breaking pace of permitted construction activity reached new milestones in 2021. The rebound in commercial activity in 2021 put the year total[...]
By: Dejan Eskic Note: The opinions expressed are those of the author alone and[...]
By: Dejan Eskic Note: The opinions expressed are those of the author alone and[...]
By: Dejan Eskic Note: The opinions expressed are those of the author alone and[...]
