Market Trends
Lance Murray
June 24, 2026
The New York City mayor plans to oversee the construction of 200,000 affordable homes across the five boroughs.
Housing starts fell in May, according to the NAHB, driven by a steep drop in multifamily construction, while single-family building also slipped amid high interest rates, rising construction costs, and persistent labor shortages.
While overall mortgage performance remained stable in April, ICE found a sharp increase in FHA loans 90 days or more past due compared with a year earlier.
Between 2020 and 2025, the total increase in home insurance prices nationwide was nearly 50%, according to a LendingTree study, with annual hikes starting to pick up in 2022.
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