'Construction is in a funk': Homebuilding improves, but inventory issues remain
The slight monthly boost comes as builders continue to battle economic headwinds and cooled buyer demand. Housing starts and completions are not on track to meet national inventory needs
by Lillian Dickerson Aug 19
Housing starts plunge 10% in May to lowest level since 2020
New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census Bureau and HUD
by Richelle Hammiel Jun 18
HUD and the FHFA are changing. Here's everything you need to know
Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies
by Marian McPherson Jun 5
New-home sales climb nearly 11%, but figures may be 'overestimated'
New residential sales increased 10.9% from March to a seasonally adjusted rate of 743K units. That's also a 3.3% boost over the April 2024 pace of 719K units
by Richelle Hammiel May 23
Builders pull back from new construction once again in April
Builders are navigating a complex mix of elevated costs, rising mortgage rates and waning consumer confidence, which is weighing heavily on the market
by Richelle Hammiel May 16
Tariff threats prompt builders to pump brakes on new construction
Housing starts fell 11.4% in March, a modest improvement from 2024, according to Census data released Thursday, with 1 economist describing the slump as 'well below consensus expectations'
by Richelle Hammiel Apr 17
New-home sales rebound in February after winter weather bout
Sales of new single-family homes hit a seasonally adjusted annual rate of 676K in February — an uptick of 5.1% — and roughly met economists' expectations, according to data released Tuesday
by Lillian Dickerson Mar 25
Picture of HUD Secretary Scott Turner speaking at a podium.
The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday
Fair housing protections rolled back on Day 1 of Trump presidency
Having fair access and the opportunity to lease or own a home is paramount to the American dream, Dr. Lee Davenport writes. Here's how new policies could impact that goal
by Lee Davenport Feb 5
HUD partners with Zillow to close racial homeownership gap
The Department of Housing and Urban Development partners with Zillow for 'Let's Make Home the Goal,' a campaign aimed at connecting minority communities with HUD pre-housing counseling
by Marian McPherson Sep 20