Housing

The Biden administration is poised to unveil a series of steps aimed at addressing the U.S. shortage of entry-level homes and rental properties, according to people familiar with the matter, moves designed to boost their financing and construction over the coming years.

U.S. home prices rose 18.6% year over year in June, posting a third straight month of record gains.

Pending home sales fell for a second straight month in July as the once red-hot housing market showed signs of slowing down.

Progressive lawmakers on Friday urged Democratic leaders to pass legislation extending a federal ban on evictions until the COVID-19 pandemic ends.

The Biden administration on Monday asked the Supreme Court to keep in place the moratorium on evictions in parts of the country hit hardest by the coronavirus pandemic, arguing the spread of the highly contagious delta variant increased the need for tenant protections.

New home sales unexpectedly rose last month as buyers had more choices amid an increase in inventory.

The housing market could be at risk and could see a 'Black Swan' collapse sometime in the future. Home prices are too high and eventually, they must come down.

U.S. homebuilding slowed last month as builders grappled with higher material costs and home prices.

Homebuilder confidence fell to a 13-month low in August as higher material costs and home prices hurt sentiment.

The real estate industry spent over $100 million lobbying Congress during the coronavirus pandemic against eviction moratoriums.

Senate Minority Leader Mitch McConnell blasted President Biden for caving to the "far left" by extending an eviction moratorium for millions of tenants that he compared to "socialism."

GOP lawmakers lambasted the White House and the Centers for Disease Control and Prevention for issuing a fresh ban on certain evictions nationwide, even though President Biden conceded the new, targeted freeze may not stand up in court.

A coalition of housing groups led by the Alabama Association of Realtors on Thursday filed a lawsuit in federal court in Washington, D.C., challenging the latest eviction moratorium.

The Centers for Disease Control and Prevention on Tuesday announced a fresh ban on evictions for certain renters just days after the White House allowed a nationwide moratorium to expire, putting millions of tenants at risk of losing their homes.

The Biden administration on Tuesday announced a new ban on evictions for many renters just days after the White House allowed a nationwide moratorium to expire on Saturday, infuriating progressive House Democrats who warned that millions of Americans could lose their homes.

A nationwide ban on evictions ended over the weekend, but 10 states still have protections in place for renters as housing advocates warn that millions of Americans could be on the brink of homelessness.

Progressive lawmakers took aim at President Biden over the weekend after the White House let a nationwide ban on evictions expire and an eleventh-hour push by Democrats to extend the moratorium failed.

The Biden administration announced Thursday it will allow a nationwide ban to expire. It argued that its hands are tied after the U.S. Supreme Court signaled the moratorium would only be extended until the end of the month.

The White House allowed a federal eviction moratorium to expire Saturday, urging Congress to take legislative action to keep it going and pushing for the distribution of billions of dollars of relief to help those who could now face being pushed out of their homes.

Six months after Congress approved billions in emergency rental assistance, just a fraction of the aid has reached tenants across the country – even with millions at risk of homelessness as an eviction ban expires on Saturday.