Houtan HormozianExpert on Real Estate, Finance and PropTech

QUICK MARKET INSIGHT Home Prices, Layoffs Wages

13 Jan 2026 · 1 min

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1:16

In this brief market update, the presenter reports that the median existing‑home price in November hit $409,200, marking a more‑than‑50% rise since 2019. He notes President Trump’s recent remarks about potentially banning institutional investors, who now own about 2‑3% of the single‑family rental market. Builder activity is highlighted by a Realtor.com figure showing 67% of builders offered sales incentives in December—the highest in over five years. Labor‑market data from Challenger indicate a sharp drop in layoffs in December, the lowest level in 17 months, suggesting stabilization. ADP private‑payroll data show a modest increase of 41,000 jobs in December, slightly below expectations. Finally, the update mentions that 19 states raised their minimum wage in January, most to $15+ per hour, affecting roughly 8.5 million workers (the transcript also cites 1.3 million, likely a typo). The video ends with a call for comments, likes, and further engagement.

Chapters

Here's your quick market insight. In November, the median price of an existing home reached $409,200, based on data from the National Association of Realtors. Across the country, home prices have climbed by more than 50% since 2019. President Trump attracted attention after discussing a possible ban on institutional home investors. These institutions currently control 2 to 3% of the single-family rental market. According to Realtor.com, 67% of builders offered sales incentives in December, The highest share seen in over 5 years. Data from Challenger, a company that tracks layoffs, shows that layoffs fell sharply in December. Job cuts hit their lowest point in 17 months, possibly signaling a stabilizing labor market. After declining in November, private payrolls rose by 41,000 in December, slightly below expectations, according to Automatic Data Processing, or ADP. In January, 19 states increased their minimum wage. Most states raised it to $15 per hour or higher, giving a pay boost to about 8.5 million 1.3 million workers. Thoughts on this update? Comment below, give us a like, tag a friend, and let's keep the conversation going. Message us here or visit our website.