Housing Market Roundup

Here’s a quick-hit summary of several housing and housing finance reports released over the past several days:

Housing Starts Finish 2020 on Strong Note

Housing starts rose for the second straight month in December and finished the year at its strongest pace since 2006, HUD and the Census Bureau reported yesterday.

November New Home Sales Down 11%

Sales of new single-family houses in November fell to a seasonally adjusted annual rate of 841,000, the Census Bureau and HUD reported yesterday. This is 11 percent below the revised October rate of 945,000, but is 20.8 percent higher than a year ago (696,000).

August New Home Sales Continue Summer Surge

New home sales topped the one million mark, seasonally adjusted, in August for the first time since 2006, HUD and the Census Bureau reported yesterday.

After Strong Summer, August Housing Starts Underwhelm

Housing starts—one of the bright spots in a red-hot summer housing market—faltered in August, HUD and the Census Bureau reported yesterday, although most of the decline took place in multifamily.

Multifamily Market Musings by Sharon Walker

The multifamily market continues evolving in 2020 with plenty of interesting developments across the sources of capital that lend to multifamily property owners.