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housing shortage

A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025. REUTERS/Mike Blake/File Photo
Mar 10, 2026

US existing home sales unexpectedly increase as mortgage rates decline

US existing home sales increased 1.7% in February 2024 due to declining mortgage rates and improved affordability, despite tight supply constraints.

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Nov 20, 2023

Communities must rally to solve housing issues, Barkin says

Homeownership is becoming increasingly unattainable for too many workers, and communities are going to need to make innovative decisions to create more affordable housing if they want to attract talent, Federal Reserve Bank of Richmond President and CEO Tom Barkin said Wednesday during the Virginia Governor’s Housing Conference in Hampton. Barkin said the nation’s housing crunch [&hel[...]

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