The numbers: Construction of new homes slowed considerably as builders contend with shortages of labor and building materials, but the demand for housing remains elevated for now.
U.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.57 million in April, representing a 9.5% decrease from the previous month’s downwardly-revised figure, the U.S. Census Bureau reported Tuesday.
CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
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