The latest housing market statistics showed a drop in home sales last month and a lower level of mortgage application activity last week. Sales of new single‐family houses in June were at a seasonally adjusted annual rate of 697,000, according to estimates published...
Single‐family housing starts in June were at a rate of 935,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7% below the revised May figure of slightly more than 1 million. Privately‐owned housing...
Two new data reports pointed to an increase in U.S. single-family home sales and a decline in home prices. The U.S. Census Bureau and Department of Housing and Urban Development reported sales of new single‐family houses during May were at a seasonally adjusted annual...
A trade association leader takes aim at Washington, a regulator tries to blame her bad judgment on reporters and an Alabama city with a troubled past displays a glorious present. Looking into the wild and wooly world of real estate, here are our Hits and Misses for...
The U.S. homeownership rate has cratered to its lowest depth since 1970, according to the U.S. Census Bureau. The newly published 2020 Census data determined that 63.1% of the nation’s 126.8 million occupied housing units – or 80.1 million – were owner-occupied. This...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
