Graph and download economic data for All-Transactions House Price Index for Knoxville, TN (MSA) (ATNHPIUS28940Q) from Q1 1983 to Q1 2025 about Knoxville, TN, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Nashville-Davidson--Murfreesboro--Franklin, TN (CBSA) (MEDLISPRIPERSQUFEE34980) from Jul 2016 to Jun 2025 about Nashville, square feet, TN, listing, median, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Blount County, TN (ATNHPIUS47009A) from 1979 to 2024 about Blount County, TN; Knoxville; TN; HPI; housing; price index; indexes; price; and USA.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting *** U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Knoxville, TN (CBSA) (MEDLISPRIPERSQUFEE28940) from Jul 2016 to Jun 2025 about Knoxville, square feet, TN, listing, median, price, and USA.

The Electric Vehicle (EV) Battery Housing Market size was valued at USD 9.31 USD Billion in 2023 and is projected to reach USD 22.45 USD Billion by 2032, exhibiting a CAGR of 13.4 % during the forecast period. An electric vehicle (EV) battery box is a specially designed box for batteries, including lithium-ion batteries for electric vehicles. The market is driven by increasing demand for electric vehicle battery enclosures that protect the battery cell from damage and environmental factors such as moisture, dust, and debris. Weight reduction is critical to improving the range and energy efficiency of electric vehicles, which encourages the use of advanced lightweight materials in the battery of an electric car. Lightweight materials often have favorable energy density properties. Lightweight materials are often incorporated into the overall design of electric vehicles. This integration improves the strength, rigidity, and stability of the vehicle structure. The seamless integration of lightweight materials into the vehicle chassis has a positive effect on the handling and performance of the electric vehicle. Therefore, the development of lightweight materials was a key factor in the growth of the market. Recent developments include: July 2023 - Magna announced that the company would invest USD 790 million to build the first two supplier facilities at Ford’s BlueOval City supplier park in Stanton, Tennessee, and a stamping and assembly facility in Lawrenceburg, Tennessee. Magna will supply Ford’s BlueOval City with battery enclosures, truck frames, and seats for the automaker’s second-generation electric truck. Magna’s two BlueOval City supplier park facilities contain a new 800,000-square-foot frame and battery enclosures and a 140,000-square-foot seating facility., February 2023 - Magna signed a contract with General Motors (GM) to supply battery enclosures for the all-new 2024 Chevrolet Silverado EV, which will be assembled at GM’s Factory ZERO. Magna will produce the enclosures beginning later in 2023 at its Magna Electric Vehicle Structures facility in St. Clair, Michigan, where it already produces battery enclosures for the GMC HUMMER EV. The company is adding a 740,000-square-foot expansion to the existing 345,000-square-foot Magna Electric Vehicle Structures facility in St. Clair, which opened in 2021., January 2023 - Gestamp Automocion S.A. (Gestamp) announced its fourth hot stamping line in India and presented for the second time its range of products and innovations for new mobility at the Indian Auto Expo 2023. A new hot stamping line is planned to be opened by the end of 2023, in addition to the existing ones in Pune and Chennai. Gestamp unveiled its extreme size parts, battery boxes, cell-to-pack concepts, joining technologies, and chassis innovative lightweight solutions or active frunks at the event., March 2022 - Gestamp Automocion S.A. announced that the company would build the NEV (New Energy Vehicle) Parts East China Base in Qiandeng Town, Kunshan City, Jiangsu Province. Gestamp Automotive Kunshan Co., Ltd., a subsidiary of Gestamp, signed the Gestamp NEV Parts East China Base Project. This project mainly supplies battery cases and door parts to EV makers, marking Gestamp’s first project with these components., April 2020 - SGL Carbon signed a contract with BMW Group for battery enclosure. BMW Group has now nominated SGL Carbon to produce battery enclosure cover components in series. This will include the production of an innovative glass-fiber-based cover plate for the battery housing for usage in a future plug-in hybrid model of BMW Group.. Key drivers for this market are: Increasing Demand for Forged Products in Power, Agriculture, Aerospace, and Defense to Drive Industry Expansion. Potential restraints include: High Material Cost and Safety Regulations May Hamper Market Growth. Notable trends are: Rising Adoption of Automation in Manufacturing to Drive Market Growth.

Graph and download economic data for Housing Inventory: Median Listing Price Year-Over-Year in Williamson County, TN (MEDLISPRIYY47187) from Jul 2017 to Jun 2025 about Williamson County, TN; Nashville; TN; listing; median; price; and USA.