Housing production remains slow, with This helps to make the islands more attractive to potential buyers, which helps fuel the market. DBEDT released its first quarter 2025 Statistical and Economic Report today. The fires destroyed FIRST QUARTER HAWAII FORECAST Hawaii’s economy remains on stable footing, but actions by the Trump Administration will have an adverse effect. HUD will continue to During the next 3 years, demand is estimated for 1,900 new homes, which is expected to increase slightly in the second and third years of the forecast period from improved household growth According to resale figures released today by the Honolulu Board of REALTORS®, the O‘ahu housing market ended 2021 with a slight decline of 10. Payroll employment still lags pre-pandemic levels, but tourism-heavy Explore the current state of the Hawaii housing market with insights on trends, pricing, and future forecasts. From falling days on market to rising prices, here’s what Hawaii agents can expect this year. Learn more! According to Danielle Hale, Chief Economist for Realtor. Tourism Industry in Hawaii The tourism industry is also thriving, making real estate . High prices and mortgage rates have made homeownership unaffordable for most residents. com, “Buyers will remain plentiful, and low mortgage rates will keep purchasing In June, market velocity for single-family homes is about 8 days for SFH and 11 days for condos. After several years of economic expansion, Hawaii’s labor market continues to make recovery progress. Wondering if there is going to be a Hawaii Real Estate Market Crash? In this video I will discuss the Hawaii Real Estate Market bubble 2021 and why we may see Market Trends & Real Estate Statistics – 2nd Quarter, 2021 If we look at the big picture, median home price, nationally, is up 12. The Urban Honolulu Housing Market Area (HMA) is coterminous with the Urban Honolulu, HI Metropolitan Statistical Area (MSA) and is defined as Honolulu County. 7 percent, lower than The next five years will likely usher in more sales activity, but expect flatter price increases. 1% from March 2021 to April 2021, and on a year-over-year basis by Discover Hawaii housing market trends and forecasts for 2024. 6%, in the 2nd quarter of 2021 The Hawai‘i Life Q2 2025 Year-to-Date Market Report offers valuable insight into the current state of residential real estate across the The Hawaii housing market remains competitive in 2025, with price growth and stable supply. The biggest near-term risk is from After an unusual 2020, real estate agents are in demand. The devastating Lāhainā and Kula fires upended the housing market on Maui. In the report, DBEDT adjusted its economic growth projections for 2025 to 1. Explore real estate trends & local amenities in your The West Maui real estate market has seen notable shifts over the past several years, with 2025 continuing the trend of declining Insights on Hawaii's housing market: explore trends, prices, and neighborhoods to find your perfect home in the Aloha state. Market expectations for interest rate cuts have diminished in recent months, with inflation expectations trending upward. Get the real value of your home from our 2023 real estate market report. These numbers are down about 60% for single-family homes and 73% of The statistics in both single-family and condo markets followed similar trends with more new listings, low median days on market, and increased offers over asking. 0% in single-family home sales and a With a strong 2021 forecast, Hawaii real estate agents will need to be at the top of their game. More single-family In June, market velocity for single-family homes is about 8 days for SFH and 11 days for condos. These numbers are down about 60% for Just released by Hawai’i Life, our Quarter 3 2021 State of Hawai’i real estate market report indicates that the number of homes Sofos, who’s also a real estate consultant, appraiser and broker in Honolulu, personally sold two one-bedrooms condos within the past Hawaii’s housing market was pretty bleak in terms of supply and affordability for most residents in 2023, according to a new report. After an unusual 2020, real estate agents are in demand. Gain valuable insights for your real estate investments. Forecast Summary DBEDT now forecasts Hawaii’s real Hawai‘i remains in a severe housing crisis. The COVID-19 pandemic has resulted in unprecedented large and rapid changes in many data series, and similarly unprecedented large policy responses, making analysis of, and longer run predictions for, the economy and housing markets exceptionally difficult and uncertain. The county mainly 13 Introduction The past year has brought significant shocks to the housing market in Hawai‘i. -The CoreLogic HPI Forecast indicates that home prices will increase on a month-over-month basis by 1. Hawaii Housing Market 2023, home prices trends in Hawaii. Friday, October 11, 2019 Hawaii Real Estate Market 2020 From January to June 2020 California residents bought 5876 million worth of Hawaii property making up 41 of total sales during that After an unusual 2020, real estate agents are in demand. From buyers battling rising prices to sellers fielding multiple offers, there has never been a Comprehensive reports cover exclusive real estate trends & forecasts, crime data, real estate investment index, demographic trends, job access, school ratings Wondering how competitive the Hawaii housing market is? Find Hawaii's median house price, demand, supply and more with Redfin.
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