A flood of new construction is pushing down U.S. rents at the high end, where there are often more apartments than renters who want them.

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🤠Austin — see you soon. Team Axios will be there March 9-11 SXSW and host several events around the topics of the circular economy; rise of comms leadership; equitable internet connectivity; and tech ethics. Request your invites here: …ustin2024requestinvite.splashthat.com/?lid=cp6jxvt4l…

SCOOP: Most of the biggest U.S. office leases got renewed last year, according to a new report.

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🏢 First on Axios: Big office renewals outpaced new leases last year.

Many companies are staying put as they continue to adjust to a workweek that's part remote, part in-office, per CBRE.
axios.com/2024/02/08/off…

The number of Americans aged 25–34 living at home has jumped over 87% in the past two decades, according to census data.

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Free returns are vanishing, but people are still shipping them — to someone else.

More new clothes are hitting resale sites like Poshmark as retailers tighten their return policies.

axios.com/2023/12/22/ret… via Axios

🏡 America's housing shortage, in one chart

axios.com/2023/12/16/hou… per Hines analysis shared with Axios

“.. There's a larger share of homes in America without mortgages now compared to any time since 2005 ..”

Axios $XHB
axios.com/2023/12/12/mor…

💸 There's a larger share of homes in America without mortgages now compared to any time since 2005, per the latest census data.
axios.com/2023/12/12/mor…

When a map you made kind of as joke is actually the perfect #dataviz for the situation🥚

Even though prices have fallen, 'eggs' has remained a symbol of inflation-hit commodities. Axios Visuals partnered with GoogleTrends to explore the data 1/ 🧵

High mortgage rates have all but frozen the U.S. housing market. The 'lock-in effect' is real. As one real estate agent put it, 2023 was 'the year your first home accidentally became your forever home.'

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Strained by the financial burden of renting alone, Gen Zers are moving in together, leaving big cities or are returning to their childhood bedrooms. trib.al/IpQ29if

Fifty is the new 25, at least when it comes to living alone.

That's about the average age of a solo U.S. renter, according to the latest census data.

Many young Americans are splitting steep rents that eat into their income: axios.com/2023/11/21/ren… via Axios

🐶 A 'dood cave' and dog showers: Pet owners are increasingly eager to cater their homes to pups and cats.

axios.com/2023/11/18/pet… via Axios

All homebuyers now use the internet to find a house, as websites offer shoppers easy access to photos and videos, tax histories and other information about a house. trib.al/LdW7edh

The Biden administration has a new plan to turn more empty office spaces into housing. trib.al/zH8pidz

More senior communities look like luxury apartments — including a resort pool, sometimes filled with grandkids.

Axios on the retirement home renaissance as America goes gray: axios.com/2023/10/28/sen…

🏠 The Biden administration has a new plan to turn more empty office spaces into housing, in a push to revive America's downtowns and ease the housing shortage.

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The Biden administration has a new plan to turn more empty office spaces into housing, officials announced today.

New for Axios: axios.com/2023/10/27/bid…

Owning your own home is a critical step in building wealth in the U.S., but younger Americans increasingly can't swing it, and instead are stuck renting — at steep rates that are eating into their income. trib.al/cPfAoSw