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

Economic Challenges Impact July New Home Sales

new home sales

Elevated borrowing costs, rising inflation and broad economic uncertainty continue to curb buyer demand and hold back new home sales, according to a recent analysis from the National Association of Home Builders (NAHB). Sales of newly built single-family homes declined …

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Multifamily Growth Drives June Housing Starts

multifamily housing

Overall housing starts rose in June driven by strong multifamily growth, while single-family production remained slow as elevated mortgage rates, rising construction costs and persistent labor shortages continued to weigh on the market, according to the NAHB. Overall housing starts …

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Housing Starts Drop in May

May housing starts

Housing starts decreased 15.4% in May, primarily driven by a drop in multifamily construction, while single-family building also fell amid high interest rates, rising construction costs and labor shortages, according to the National Association of Home Builders. The May reading …

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U.S. Government Shutdown Impacts Housing and Homebuilders

2025 government shutdown effects

The U.S. government implemented a shutdown at 12:01 a.m. on Oct. 1, 2025, after failed attempts to reach an agreement to extend government funding. Here’s how the shutdown will affect housing and homebuilders, according to the National Association of Home …

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Overall Housing Starts Down in May

Q2 2026 homebuilding

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts in May decreased 9.8% to a seasonally adjusted annual rate of 1.26 million units. Single-family starts increased 0.4% to a 924,000 seasonally …

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