Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

The year-end value of the S&P Case Shiller National Home Price Index amounted to 321.45 in 2024. The index value was equal to 100 as of January 2000, so if the index value is equal to 130 in a given year, for example, it means that the house prices increased by 30 percent since 2000. S&P/Case Shiller U.S. home indices – additional informationThe S&P Case Shiller National Home Price Index is calculated on a monthly basis and is based on the prices of single-family homes in nine U.S. Census divisions: New England, Middle Atlantic, East North Central, West North Central, South Atlantic, East South Central, West South Central, Mountain and Pacific. The index is the leading indicator of the American housing market and one of the indicators of the state of the broader economy. The index illustrates the trend of home prices and can be helpful during house purchase decisions. When house prices are rising, a house buyer might want to speed up the house purchase decision as the transaction costs can be much higher in the future. The S&P Case Shiller National Home Price Index has been on the rise since 2011.The S&P Case Shiller National Home Price Index is one of the indices included in the S&P/Case-Shiller Home Price Index Series. Other indices are the S&P/Case Shiller 20-City Composite Home Price Index, the S&P/Case Shiller 10-City Composite Home Price Index and twenty city composite indices.

China's large population, the accelerating urbanization process, rising household disposable incomes, and strong economic expansion have all contributed to the development of the real estate market. As a result, demand for real estate agents in China has been rising to meet the expanding market volumes and requirements for higher transaction efficiency.Over the five years through 2025, industry revenue is anticipated to decrease at a CAGR of 3.3%, including a decline of 2.2% in 2025. A competitive market has led to speculation and inflated housing prices in recent years. As a result, the Chinese government has implemented property-purchasing and loan limitations, price restrictions, and housing tax reforms to regulate industry development and limit speculation. Since 2022, consumers' demand for real estate has declined due to the COVID-19 epidemic and economic downturn. In 2023, the newly constructed area of real estate decreased by 20.9% year-on-year, which was narrower than that in 2022, while the completed area of real estate in this year increased by 15.8%.Over the five years through 2030, ACMR-IBISWorld forecasts that China's Real Estate Agents industry will recover, with revenue increasing at a CAGR of 1.9%. Due to intensifying competition, the separation of real estate development and sales will continue. Outsourcing real estate sales operations will improve the operational efficiency of real estate developers and offer new opportunities for real estate intermediary service providers in the industry.

The homeownership rate in the United States declined slightly in 2023 and remained stable in 2024. The U.S. homeownership rate was the highest in 2004 before the 2007-2009 recession hit and decimated the housing market. In 2024, the proportion of households occupied by owners stood at **** percent in 2024, *** percentage points below 2004 levels. Homeownership since the recession The rate of homeownership in the U.S. fell in the lead up to the recession and continued to do so until 2016. Despite this trend, the share of Americans who perceived homeownership as part of their personal American dream remained relatively stable. This suggests that the financial hardship caused by the recession led to the fall in homeownership, rather than a change in opinion about the importance of homeownership itself. What the future holds for homeownership Homeownership trends vary from generation to generation. Homeownership among Americans over 65 years old is declining, whereas most Millennial renters plan to buy a home in the near future. This suggests that homeownership will remain important in the future, as Millennials are forecast to head most households over the next two decades.

Demand for employee relocation services is highly linked to economic activity and the housing market. Since these indicators shift often, revenue is often volatile for providers. The COVID-19 pandemic caused governments to shut down businesses and enforce quarantines, severely reducing economic activity. Corporations had less money to spend on employee relocation services, so providers took a big hit. The pandemic recovery resulted in a surge in consumer spending, boosting corporate profit and aiding revenue growth in 2021 and 2022. Increased business formation and employment raised the supply of potential customers for employee relocation services businesses, so this trend also boosted companies’ performance. Recent years brought challenges: rising interest rates constrained homebuying and moving, while recessionary fears prompted companies to pull back, muting revenue growth in 2023 and 2024. The easing of rates in late 2024 offered some relief, helping the housing market, and demand for relocations partially rebounded. Meanwhile, higher purchase expenses and miscellaneous expenses have put downward pressure on profit since 2020. Remote work trends have increased short-term assignments, decreasing large relocations and shifting providers' focus toward digital services. The growing preference for renting over homeownership means that rental assistance has become pivotal in relocation firm offerings, while flexible housing options and urban multifamily markets are increasingly important for corporate moves. Overall, revenue for employee relocation services businesses has expanded at a CAGR of 4.3% over the past five years, reaching $12.2 billion in 2025. This includes a 1.3% rise in revenue in that year. Servicers will face opportunities and challenges moving forward. Major tariffs imposed in 2025 are expected to dampen consumer spending and potentially trigger a recession, lowering disposable income and corporate profit, which could slow downstream demand for employee relocation services. All service segments—including real estate and moving assistance—are at risk of declining revenue if business activity drops. However, long-term GDP growth is projected to remain solid. Demographic changes, personalized solutions, globalization and technological innovations are expected to sustain modest revenue growth and help relocation firms adapt to evolving market challenges in the near future. Overall, revenue for employee relocation services providers is forecast to rise at a CAGR of 1.9% in the next five years, reaching $13.4 billion in 2030.

Most of the German population rented their housing. In 2023, around ** million people did so, compared to roughly **** million who had their own house. The German real estate market does offer different housing options, but it is also an increasingly tough one for tenants and future homeowners to navigate amid the ongoing recession. Competitive and expensive Becoming a homeowner is getting more and more difficult in Germany. After almost a decade of uninterrupted growth, the market has entered a period of downturn. For years, homebuyers could access cheap credit, with mortgage rates as low as *** percent. However, in 2022 and 2023, mortgage rates have increased strongly to over **** percent, making it much more expensive to invest in residential property. In addition to that, prices for owner occupied houses have increased by over ** percent since 2015, house price growth had also overtaken that of rentals the same year, making renting the cheaper living option, especially for younger people. The summary of the housing situation sounds familiar worldwide: fierce competition in urban areas when searching for rentals, with demand far outstripping supply, as well as rising property prices for those considering a house purchase. Somewhere to live The decision to rent rather than buy may occur for various reasons. Tenants may simply not be ready financially to buy a home, be that a house or apartment, or they would not be considered by a bank for a loan based on their current earnings. They may be pressed for time and hope to find a place to rent quicker, while buying a home is a long-term commitment, leading to different types of costs and legalities. A ***************** of people lived in shared apartments in recent years, but figures had not changed so much as to rule this type of housing out as a popular option. Shared or not, the average rent prices of residential property in Germany have been going up year after year, both for new buildings and older ones.

In July 2025, approximately ******* home construction projects started in the United States. The lowest point for housing starts over the past decade was in 2009, just after the 2007-2008 global financial crisis. Since 2010, the number of housing units started has been mostly increasing despite seasonal fluctuations. Statista also has a dedicated topic page on the U.S. housing market as a starting point for additional investigation on this topic. The impact of the global recession The same trend can be seen in home sales over the past two decades. The volume of U.S. home sales began to drop in 2005 and continued until 2010, after which home sales began to increase again. This dip in sales between 2005 and 2010 suggests that supply was outstripping demand, which led to decreased activity in the residential construction sector. Impact of recession on home buyers The financial crisis led to increased unemployment and pay cuts in most sectors, which meant that potential home buyers had less money to spend. The median income of home buyers in the U.S. fluctuated alongside the home sales and starts over the past decade.

Commercial property prices in the U.S. plateaued in 2025 after declining in 2023. Between 2014 and 2021, commercial real estate prices nearly doubled, with the index reaching ***** index points. Following a slowdown in the market, the index declined, falling to ****** index points in the second quarter of 2025. Despite the correction, this indicated an increase of almost ** percent in prices since 2010, which was the baseline year for the index. How have prices of different property types developed over the past years? After more than a decade of uninterrupted growth, office real estate prices started to decline in 2022, reflecting a decline in occupier demand and a tougher lending environment. Industrial real estate prices, which have grown rapidly over the past few years, also experienced a correction in late 2022. Retail real estate prices displayed most resilience amid the difficult economic environment, with the equal-weighted repeat sales index remaining stable. How much is invested in new commercial properties? The value of commercial real estate construction has been on the rise since 2010 in the United States. This trend mirrors the recovery seen across all economic sectors after the 2007-2009 recession. However, investment volumes in commercial property vary by type, with private office space, warehouses, and retail leading the pack.

Snowplowing services companies’ revenue is highly dependent on unpredictable weather patterns, with climate change leading to warmer winters and increased frequency of extreme events. This volatility complicates operations planning and contract rates, potentially causing losses when unexpected storms strain underprepared companies. Despite this, revenue surged in 2021 and 2022 thanks to a strong post-pandemic economic recovery. However, high interest rates from 2022 onward stifled housing starts and consumer spending, dampening demand and slowing revenue growth in 2023 and 2024. While recent rate cuts have alleviated recessionary fears, future market conditions remain uncertain. Meanwhile, profit for most servicers fell in the past five years because of expanding purchase, wage and miscellaneous costs. To address revenue volatility, many providers are moving from fixed-price to flexible, seasonal-variance contracts, stabilizing income and improving cost coverage. Technological advancements—such as GPS, route optimization, AI and automated equipment—have further boosted operational efficiency and profitability, though smaller firms may struggle with upfront investments required to stay competitive. Overall, revenue for snowplowing services providers has expanded at a CAGR of 4.3% over the past five years, reaching $23.0 billion in 2025. This includes a 1.3% rise in revenue in that year. Moving forward, the industry is expected to experience challenges and opportunities. The Trump administration’s global tariffs, introduced in early 2025, are expected to increase consumer prices and manufacturer input costs, straining household budgets and raising the risk of recession. As disposable income and consumer spending drop, some customers may shift snowplowing services in-house, diminishing revenue growth through 2026. To counter slower demand, companies may expand geographically or diversify services, such as deicing, though this will raise operational costs and modestly reduce profit. Consolidation is projected to intensify, with more mergers and acquisitions as market entry slows. Despite these immediate challenges, long-term growth prospects remain, driven by rising productivity, technological advances and expanded business formation. However, climate change threatens the industry’s future, as warming reduces snowfall. Overall, revenue for snowplowing services businesses is forecast to inch upward at a CAGR of 1.4% over the next five years, reaching $24.6 billion in 2030.

According to a poll conducted at the end of 2022, Americans were feeling quite pessimistic about the coming year. 90 percent of Americans felt negatively about the prospect of political conflict in 2023.

The Economy 2022 was a difficult year for many Americans, as it was for many around the world. After a year of high inflation, record fuel prices, and decreased financial security, the country greeted 2023 with high rates of skepticism and caution. Although the U.S. economy itself has experienced a strong rebound from the pandemic recession compared with other major economies, a sustained decline in consumer spending power thanks to wage growth not keeping pace with inflation has everyday Americans feeling the pinch.

U.S. political landscape The political scene in the U.S. also had a tumultuous few years in the lead up to 2023. The election of Donald Trump as the 45th President of the United States in 2016 left many voters reeling and the country more divided than ever. The beginning of 2021 was market by the January 6th attack on the Capitol, as well as the inauguration of Joe Biden. Additionally, the country continued to grapple with a politicized response to the COVID-19 pandemic and associated restrictions. 2022 began with the Russian invasion of Ukraine, ushering in the beginning of a global fuel and inflation crisis. In the midst of hardening economic conditions, the Supreme Court overturned its ruling on Roe v. Wade, returning the power to decide abortion restrictions to state legislatures.

The 2022 midterm elections saw Republicans win enough seats to take back control of the House of Representatives, but saw the GOP ultimately underperform compared to predictions at the time. The first day of the 2023 congressional term was marked by the inability of the Republican Party to unify itself behind one candidate for Speaker of the House, leading to a once in a century multi-round of Speaker elections. With new members of the House not able to be sworn in until a Speaker is elected, 2023 had a difficult start.