Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released jointly May 5 by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). That was 7.4% above the February rate of 635,000, and 3.3% above the March 2025 rate of 660,000.…
Homebuilders appear to be showing some signs of measured optimism as new construction showed significant gains against the tide of market challenges and the ongoing conflict with Iran, according to the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau. The New Residential Construction report for March (which also…
The Department of Housing and Urban Development (HUD) and the Department of Agriculture (USDA) have announced they have rescinded the mandate that all new homes be built with the 2021 International Energy Conservation Code as the minimum energy-efficient standards, or they would be ineligible for an FHA or USDA-backed mortgage loan. The Biden Administration-era policy…
Winter weather and market constraints put significant downward pressure on new-home sales to start off 2026, according to the latest data from the Department of Housing and Urban Development and the Census Bureau. The New Residential Sales report for January found that new-home sales fell a whopping 17.6% to a rate of 587,000 (compared to…
Due to last year’s government shutdown, the latest new-home sales data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) has been held up until now—and the results suggest cause for optimism. During October 2025, 737,000 new units were sold in the U.S. This is down slightly from September 2025…
A federal judge yesterday temporarily blocked the Trump administration from laying off thousands more workers during an ongoing government shutdown, including around 442 from the Department of Housing and Urban Development (HUD). Granting a request in a lawsuit by federal labor unions, Judge Susan Illston in the Northern District of California cited President Donald Trump’s…