Although mortgage rates are climbing to a vertigo-inducing 8% level and home prices remain at historic highs, Americans are out buying new single-family houses with gusto. According to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban...
Single‐family housing starts in September were at a rate of 963,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s rate was 3.2% higher than the revised August figure of 933,000. Privately‐owned housing...
The U.S. Department of Housing and Urban Development (HUD)’s Office of Multifamily Housing is making $212 million in funding is available to expand the supply of affordable housing and supportive services for very-low and extremely-low-income persons with...
A Phil Hall Op-Ed: In concept, the U.S. Department of Housing and Urban Development (HUD) is the federal agency whose primary focus concerns the needs of current and potential homeowners and rental housing tenants. However, another federal agency is getting into the...
Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...