US Housing

According to the US Census Bureau, the median monthly expense for homeowners with a mortgage rose to $2,035 from $1,960, with the highest costs reported in California

In the summer of 2023, New York Attorney General Letitia James helped her niece buy a modest house in Norfolk, Virginia, by becoming a co-borrower on the mortgage loan. A top housing official in the Trump administration has now seized on a document in that transaction to argue that James should be prosecuted for bank fraud, asking the US Justice Department in a letter to open a criminal investigation into the Democrat. The request for an investigation comes as the administration has pursued a campaign of retribution against President Donald Trump's longtime foes in the legal world. James won a $454 million judgment against Trump last year in a lawsuit claiming he had lied about the value of his assets on financial statements given to banks. James called the allegations against her baseless." It is nothing more than a headline, nothing more than retaliation against all the actions I have taken successfully against Donald Trump," she said Wednesday in an interview on the New York cab

UP Budget 2025-26: In line with Yogi government's previous Budgets, this one also focused on infrastructure, education, health, social security, and economic growth

Turner's remarks are in line with policies announced by Trump shortly after his inauguration

Since evacuees are naturally looking for residences close to their burned properties, the competition is fiercest in areas that were already tight

The National Association of Realtors (NAR) said on Monday its Pending Home Sales Index, based on signed contracts, rose 2.2 per cent last month to 79.0 - the highest since February 2023

Home sales jumped 4.8 per cent last month to a seasonally adjusted annual rate of 4.15 million units, the highest level since March

Scott Turner is the first Black American picked for a Cabinet post in Donald Trump's second administration

Though lumber prices are coming down from record highs, builders are paying more for steel, concrete and lighting, and are grappling with shortages of appliances like refrigerators.

The year-long COVID-19 pandemic has shifted demand towards bigger and more expensive houses as millions of Americans continue to work and remote schooling remains in place

While volatile multi-family housing segment accounted for the decline in home building last month, the broader housing market appears to be slowing