NAHB: Multifamily Developer Confidence Down in Q2

The National Association of Home Builders, Washington, released its Multifamily Market Survey, finding that overall, multifamily developer confidence is down in the second quarter, although opinions about occupancy remain more positive.

MBA, Housing Trades Call on Fed to End Rate Hikes, Pledge Not to Sell MBS Book 

On Monday, the Mortgage Bankers Association led a coalition letter sent to the Board of Governors of the Federal Reserve that conveyed the housing industry’s serious concerns about the negative market impacts the Fed’s monetary policy actions (e.g., rate hikes and quantitative tightening) are having on the market.