The Federal Home Loan Bank of New York (FHLBNY) announced the election of Larry E. Thompson as chairman of its board of directors. Thompson’s term as chairman will begin on Jan. 1, 2024, and run for two years. He is the former vice chairman of The Depository Trust...
The Hawaii Housing Finance and Development Corporation has selected EAH Housing, a nonprofit housing development and management organization, to develop the Kahului Civic Center Mixed-Use Complex in Maui. The project will include 303 affordable housing units in a mix...
October’s home sales were down 4.6% from September and down 8.7% from one year earlier, according to new data from RE/MAX (NASDAQ:RMAX). Last month’s median sales price of $410,000 held steady from the prior month and was 2.8% above the October 2022 level. Homes sold...
Builder confidence in the market for new multifamily housing was mixed during the third quarter, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices: The...
Single‐family housing starts in October were at a rate of 970,000, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This represents a 0.2% uptick from the revised September figure of 968,000. Privately‐owned...
Mortgage applications for new home purchases during October were up by 6% from September and up by 39.7% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a...
Hits and Misses for the Real Estate Week of June 29-July 3
