Content about Department of Housing and Urban Development

March 27, 2013
New-home sales take unexpected dip in February

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
New-home sales increase 4.4%

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
Rate of new-home sales rises in September

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
New-home sales continue to grow

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
Rate of new-home sales declines 7.1% in March

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
Johns Manville builds support for the SAVE Act

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
2011 PDIS to examine census and opportunity

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
In August, new-home sales declined 2.3%

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 homes slip in July

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
New-home sales down slightly in June

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
Federal government issues new drywall findings

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

February 24, 2011
New-home sales show double-digit drop

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
New home sales jump 17.5% in December

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
New home sales increase 5.5% in November

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
'Bed Bug Summit' attracts housing industry

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 to receive $5 million loan

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

May 15, 2008
Housing starts rise 8.2 percent in April

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

April 15, 2008
Housing starts fall from February

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

March 25, 2008
February new home sales slip to 590,000

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

February 27, 2008
New home sales down in January

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

February 7, 2008
NAR weighs in on Freddie Mac, Fannie Mae reform

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

December 17, 2007
November housing starts show sharp decline

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

August 26, 2007
article-10983.xml

Orgill’s three-day fall market focused on areas like builders hardware, rental, agricultural and sporting goods,...

August 15, 2007
Housings starts fall 6.1 percent from June

July housing starts are 20.9 percent below last year’s rates, according to the Census Bureau...

July 25, 2007
New home sales fall 6 percent in June

Sales of new single-family homes dropped 6.6 percent in June, to a seasonally adjusted annual...