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

Sales Of New Homes Rose Last Month

Mark Memmott — Tue, 23 Apr 2013 15:14:00 +0000

While sales of existing homes dipped in March because of a tighter inventory, sales of newly built homes rose 1.5 percent from February and were up a whopping 18.5 percent from March 2012, the Census Bureau and Department of Housing and Urban Development say.

According to Bloomberg News, the March sales results for new homes caps "the best quarter for the industry sin

Housing Starts Surged In March, Pace Is Fastest In 5 Years

Mark Memmott — Tue, 16 Apr 2013 12:51:00 +0000

There was a 7 percent surge in housing starts last month, the Census Bureau and Department of Housing and Urban Development report.

As The Associated Press notes, the pace of construction — 1.04 million starts, at an annual rate — is the fastest in nearly five years and is another sign that the housing sector continues to recover from its 2007-08 crash.

Also Tuesday morning, the Bureau of Labor Statistics said consumer prices fel

Sequester Uncertainty Surrounds Section 8 Housing Program

Kara Brandeisky — Mon, 08 Apr 2013 22:16:00 +0000

Last week, several media outlets and advocacy groups began circulating the same sad story: Because of sequestration, 60 low-income families in Dane County, Wis., were soon to be homeless.

But the truth is more complicated.

The story began with a blog post written in February by Dane County Housing Authority Executive Director Rob Dicke.

At the time, he made what he calls a quick back-of-the-envelope calculation that a 6 percent funding cut — the amount he

Housing Rebound Continues: Starts Rose 0.8 Percent In February

Mark Memmott — Tue, 19 Mar 2013 12:47:00 +0000

Construction was begun on 0.8 percent more homes in February than in January, the Census Bureau and Department of Housing and Urban Development say.

Home Sales, Consumer Confidence And Bernanke All On Positive Side

Mark Memmott — Tue, 26 Feb 2013 15:27:00 +0000

Today's economic indicators all point up:

-- New Home Sales: There was a 15.6 percent surge in sales of new homes in January from December, the Census Bureau and Department of Housing and Urban Development say. That was the biggest one-month gain in nearly 20 years, according to The Associated Press. At an annual rate of 437,000, the sales pace was the strongest since July 2008.