The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading
New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census Bureau and HUD. Continue reading
Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies. Continue reading
Sales of newly built single-family homes rose in April, pointing to continued buyer engagement during the spring homebuying season, the latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) suggests. New resident… Continue reading
April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Continue reading
Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as “well below consensus expectations.” Continue reading
Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as “well below consensus expectations.” Continue reading
Sales of new single-family homes hit a seasonally adjusted annual rate of 676,000 in February — an uptick of 5.1 percent — and roughly met economists’ expectations, according to data released Tuesday. Continue reading
The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday. Continue reading