At first glance, the national housing market seems balanced. But, when taking a deeper look, it’s not as squeaky clean as it seems. In episode thirty-four of the RiskWire Webcast, Veros’ Economists take that deeper look into the East Coast, looking at key regional differences in the Northeast and Southeast. Crucial factors such as construction, migration, and affordability are also considered when looking at the variation between the two housing markets. Here are a few highlights:
Episode Highlights:
- As of February 2025, the national monthly supply of existing homes is 3.5 months, similar to January.
- Massachusetts, Connecticut, and Rhode Island have a monthly supply of 2.1 to 2.3 months, while Maryland, Pennsylvania, North Carolina and Florida have a monthly supply of around 3 to 7 months respectively.
- New construction, migration, and insurance rates (specific to Florida) play a part in these differences across markets.
- Affordable housing is not going to be found in places like New York City, but rather in smaller metropolitan markets such as Syracuse, Hartford, and New Haven.
Want to find out more about the differences between the Northeast and Southeast? Watch episode thirty-four of the RiskWire Webcast for a better understanding: Webcast & Interviews – RiskWire, powered by Veros
For additional information on the housing market and economic trends, visit RiskWire.com now!
