Content about Department of Housing and Urban Development

December 5, 2013

The Census Bureau's delayed report on new housing sales was released yesterday, and it was worth the wait.

Sales of new single-family houses in October were at a seasonally adjusted annual rate of 444,000. That was better than analyst forecasts of 425,000 and up 25.4% from the September rate of 354,000. 

Compared with October 2012, yesterday's data shows new home sales up 21.6%. 

September 18, 2013

Housing starts data released Wednesday morning shows a lull in housing construction, as the pace of residential construction showed a less-than-1% gain in August. 

The official seasonally adjusted annual rate (SAAR) of housing starts in August was 891,000, up 0.9% above the downwardly revised July estimate of 883,000. Total housing starts are up 19.0% compared to the August 2012 rate.

Analysts had expected total starts to comfortably exceed the 900,000 mark.

August 23, 2013

Sales of new single-family houses in July 2013 were at a seasonally adjusted annual rate of 394,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 13.4% below the revised June rate of 455,000, but is 6.8% above the July 2012 estimate of 369,000.

March 27, 2013

Data released by the government this week shows a 4.6% decline in sales of new single-family houses.

Sales of new single-family houses in February 2013 were at a seasonally adjusted annual rate of 411,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

The rate is 4.6% below the revised January rate of 431,000, but is 12.3% above the February 2012 estimate of 366,000. 

December 27, 2012

Sales of new single-family homes in November increased 4.4% to a seasonally adjusted annual rate of 377,000, according to government data released Thursday. 

The pace of new-home sales is the highest since April 2010. 

The figures from the U.S. Census Bureau and the Department of Housing and Urban Development show that new-home sales are up 15.3% compared with the November 2011 estimate of 327,000.

October 24, 2012

Sales of new single-family homes in September 2012 were at a seasonally adjusted annual rate of 389,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 5.7% above the revised August rate of 368,000 and is 27.1% above the September 2011 estimate of 306,000.

August 23, 2012

Sales of new single-family houses in July 2012 rose 3.6% over the previous month, with a seasonally adjusted estimate of 372,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

This compares with a July 2011 estimate of 297,000, a jump of 25.3%.

April 24, 2012

Housing sales data took a turn in the wrong direction in March.

Sales of new single-family houses in March 2012 were at a seasonally adjusted annual rate of 328,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. 

The March rate is 7.1% below the revised February rate of 353,000, but it’s 7.5% above the same rate from a year ago.

October 19, 2011

Denver-based Johns Manville joined U.S. Senators Michael Bennet and Johnny Isakson in Washington, D.C., to applaud the introduction of the Sensible Accounting to Value Energy (SAVE) Act, a bipartisan bill aimed at encouraging greater investment in insulation and other forms of home energy efficiency. 

October 5, 2011

A senior economist for the U.S. Dept. of Housing and Urban Development and a well-known lumber industry consultant will team up and offer insights into the 2010 census.

The educational session is one of the highlights on the agenda for the 2011 ProDealer Industry Summit, an event hosted jointly by the National Lumber & Building Material Dealers Association (NLBMDA) and Home Channel News Oct. 26 to 28 in San Antonio.  

September 26, 2011

Sales of new single-family houses in August 2011 were at a seasonally adjusted annual rate of 295,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.

The figure is 2.3% below the revised July rate of 302,000, but is 6.1% above the August 2010 estimate of 278,000.

The median sales price of new houses sold in August 2011 was $209,100; the average sales price was $246,000. 

August 23, 2011

Sales of new single-family houses in July 2011 were at a seasonally adjusted annual rate of 298,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 0.7% below the revised June rate of 300,000, but is 6.8% above the July 2010 estimate of 279,000.

The median sales price of new houses sold in July 2011 was $222,000, down from $236,800 in June. The average sales price increased slightly to $273,300.

July 26, 2011

Sales of new single-family houses in June 2011 slipped 1.0% compared with the previous month, according to an estimate released today by the U.S. Census Bureau and the Department of Housing and Urban Development. 

New residential sales in June 2011 were at a seasonally adjusted annual rate of 312,000, down from the revised May rate of 315,000. Compared with June 2010, housing sales were up 1.6%.

The median sales price of new houses sold in June 2011 was $235,200; the average sales price was $269,000. 

March 18, 2011

The U.S. Consumer Product Safety Commission (CPSC) and the Department of Housing and Urban Development (HUD) issued updatedremediation protocol” on March 18 to consumers and contractors dealing with problem drywall. 

February 24, 2011

Sales of new single-family houses in January 2011 were at a seasonally adjusted annual rate of 284,000, according to estimates released jointly Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development.

The pace is 12.6% below the revised December rate of 325,000. January sales were 18.6% below the January 2010 estimate of 349,000.

January 27, 2011

Sales of new single-family houses in December 2010 were at a seasonally adjusted annual rate of 329,000, up 17.5% from the November pace of 280,000. 

The December estimate, released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, is the highest since April 2010. That month saw a relative frenzy of buying as the $8,000 tax credit for first-time home buyers expired April 30. 

The December new home sales figure is also 7.6% below the December 2009 estimate of 356,000.

December 25, 2010

Sales of new single-family houses in November 2010 were at a seasonally adjusted annual rate of 290,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development -- a 5.5% increase over October.

However, the figure is 21.2% below the same month last year.

December 14, 2010

Several federal agencies are convening a “Bed Bug Summit” in Washington, D.C., to address the management and control of this growing residential and hospitality industry pest.

October 11, 2010

84 Lumber will receive a $5 million low-interest loan from Washington County, Pa., as part...

May 15, 2008

The number still is 30.6 percent below the revised April 2007 rate of 1.487 million units....

April 15, 2008

Housing starts fell 11.9 percent nationwide compared with the previous month. Still, builder confidence remained...

March 25, 2008

The pace of new home sales in February declined 1.8 percent compared to January, and...

February 27, 2008

The number dropped more than 33 percent from last year....

February 7, 2008

Reform to the two main government-sponsored lending organizations has been a topic of debate in...

December 17, 2007

The South and West are the hardest-hit regions....