New-home sales soar to 15-year high
New single-family home sales catapulted 20.7% to a seasonally adjusted rate of 1.02M in March, according to the US Census Bureau, a high not seen since 2006
Residential construction on the rise amid major inventory shortage
Residential housing starts rose 19.4 percent from February to March, according to a new report from the US Census Bureau
Federal judge in Texas rules eviction moratorium unconstitutional
US District Judge John Barker argued that Congress lacked the authority to give the CDC power to halt evictions, and that the moratorium threatened to impinge upon landlords' rights under state law. The DOJ filed a notice on Saturday to appeal the ruling
New-home sales show healthy gains in January
New-home sales jumped 4.3% on a monthly basis and 19.3% on an annual basis, according to data from the US Census Bureau and the Department of Housing and Urban Development
by Lillian Dickerson Feb 24
Housing permits up as starts and completions drop slightly
New homes authorized by permits were up 22.5% year over year in January, according to the latest report by the US Census Bureau
New-home sales show modest uptick after a sluggish November
The seasonally adjusted annual rate of new single-family home sales in December clocked in at 842,000, 1.6% above the revised November rate of 829,000
by Lillian Dickerson Jan 28
New construction is coming to inventory-starved housing market
Privately owned housing starts were up 12.8% year over year in October, according to data released Thursday by the US Census Bureau
by Patrick Kearns Dec 17
Interest in second homes is increasing, with men leading the charge
55.7% of Americans who don't own a second home say they now want one, compared to just 46.4% who expressed a desire for a second home prior to the pandemic
by Lillian Dickerson Dec 10
Home price growth reaches 6-year high in September
After a slow summer, home prices rose 6.7 percent in early fall
New residential home sales increase 32%
Sales of new residential homes were up 32% year over year, according to data released Monday by the US Census Bureau
by Patrick Kearns Oct 26
Spurred by builder confidence, housing starts rally in September
Privately owned housing starts rose to a seasonally adjusted annual rate of 1.41M, up 1.9% from an August estimate, according to data released Tuesday by the US Census Bureau
by Lillian Dickerson Oct 20
Landlords, lobbyists launch legal battle against eviction moratorium
In the wake of the Trump administration's federal moratorium on evictions, landlords, apartment owners and housing industry groups have issued legal challenges against the order, leaving millions of renters in a precarious position
by Lillian Dickerson Oct 13
A neighborhood's racial makeup impacts home values more now than it did in 1980
The race home appraisal gap has doubled since 1980, according to a new study published in the sociological journal Social Problems
by Lillian Dickerson Sep 22
The majority of young adults now live at home with their parents
For the first time since the Great Depression, the majority of young adults are living with their parents, according to a Pew Research Center analysis of US Census Bureau data
by Lillian Dickerson Sep 17
Housing starts soar 22.6% in July
'Strong builder confidence and heavy buyer traffic point to further production gains in the near term,' said Chuck Fowke, chairman of the National Association of Home Builders