Tag Archives: U.S. Department of Housing and Urban Development (HUD)

HUD and the Census Bureau are set to release their new residential construction data, a gauge of how the market will close out Q4 as the supply/demand struggle continues.

Still hampered by supply-chain concerns, home builders slowed their pace in October, as buyers absorbed a 12.3% annual increase in construction costs.

An analysis finds that higher rates may stifle price growth, with new listings hitting a 10-year high in the new year.

Continued shortages in building materials, labor, and land contributed to a monthly decline in October new housing starts.

Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns.

HUD continues to work to rush aid to renters and landlords, issuing a new pandemic-related Rule to support families in need and at-risk of eviction.

The Census Bureau and HUD have found new home sales slowing in July, rising slightly over June’s totals, and limited by multiple supply-side headwinds.

The Federal Reserve Bank of Atlanta has found that affordability has declined for five consecutive months, with the supply of available homes nationwide plummeting to just one month amid continued high demand.

Two letters written by the Chair of the House Financial Services Committee Maxine Waters request additional oversight to avoid pandemic-related foreclosures.

After falling incrementally over the past month, mortgage rates climbed yet remained below the 3% mark for the fifth consecutive week.