Monday, May 6, 2024 | The Latest Buzz for the Appraisal Industry

Housing Starts Slowed in June For Third Straight Month

Housing starts slowed in June, dropping to a seasonally adjusted annual rate of 1.559 million, a decrease of 2.0% compared with May and a decrease of 6.3% compared with June 2021, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.

Starts of single‐family homes were at a rate of 982,000, a decrease of 8.1% compared with May. Starts of multifamily homes (five units or more per building) were

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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