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Hamden is aiming to make at least ten percent of its housing stock affordable by moving seniors and millennials alike into smaller apartments, with the…
Despite rising mortgage rates and home prices, sales of new homes jumped nearly 11% in May from a month earlier. In addition, April’s sales estimate was revised upward in the report released today by the Census Bureau and U.S. Department of Housing & Urban Development.
Rising interest rates and building material supply-chain disruptions are causing construction costs to rise continually, acting as significant headwinds on the housing market. Total housing starts in the U.S. fell 14.4% to a seasonally adjusted annual rate of 1.55 million units in May, according to a report from the U.S. Department of Housing & Urban Development and the U.S. Census Bureau.