
Federal Reserve Rate Increase Places New Focus on Housing Finance and Buyer Affordability
The Federal Reserve’s rate decision has renewed attention on mortgage costs, financing conditions, and housing affordability.
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The Federal Reserve’s rate decision has renewed attention on mortgage costs, financing conditions, and housing affordability.

The national residential vacancy rate remained at 1.3% during the third quarter, according to property-data findings released Friday, providing another indication that unused housing inventory remains limited across much of the United States.

The U.S. housing market is entering a new phase marked by diverging construction trends, as single-family homebuilding continues to slow while multifamily development accelerates. The latest federal housing data suggest…