June is National Homeownership Month, and officials for the National Association of Home Builders (NAHB) say its members are urging Congress to address one of American’s biggest deterrents from celebrating: affordability. “Removing regulatory barriers that contribute to the increased costs of housing will pave the way to homeownership,” says NAHB chairman Greg Ugalde, a builder […]

Nationwide housing starts fell 2 percent to a seasonally adjusted annual rate of 1.065 million units in January, according to newly released data from the U.S. Commerce Department. The drop was mainly due to a 22.2 percent decrease in the Midwest. Single-family housing production fell 6.7 percent to a seasonally adjusted annual rate of 678,000 […]

Nationwide housing production edged up 0.8 percent to a seasonally adjusted annual rate of 917,000 units in February, according to newly released figures from HUD and the U.S. Census Bureau. This slight upward movement represented gains in both the single-family and multifamily sectors, with single-family housing starts reaching their fastest pace since June of 2008. […]