Lance Murray

Nearly $1 billion in state homelessness funding will flow to California cities and counties after Gov. Gavin Newsom shifted his stance on limiting new spending on the state's centerpiece program for shelters, services, and permanent housing.

In comments this week at the ECB Forum on Central Banking, Warsh declined to give any signal as to what the Fed may do at its meeting later this month, but he did note that inflation was too elevated, CNBC reported.

The number of open positions in construction increased in May, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey. The current level of open jobs is down measurably from three years ago due to declines in construction activity, particularly in housing, according to analysis from the National Association of Home Builders.

The brokerage said that roughly one in five (19.1%) U.S. house hunters looked to move from one place to another part of the country to another in the first quarter.

News 6 in Orlando reported that the updated Live Local Act now allows school districts to build affordable housing on parcels that are three acres or larger-regardless of current zoning.

Asking prices fell 2.5% year over year in June, the steepest annual decline in Realtor data since 2017, and the eighth consecutive month of price drops, according to the Realtor June 2026 Monthly Housing Trends Report.

Of the nation's 14.5 million vacant homes, 4.7 million (32.6%) are used seasonally or recreationally, such as vacation homes. Another 2.6 million (18.2%) are available for rent, while just under 800,000 (5.5%) are listed for sale.

Political and industry leaders say the new bipartisan law will help restore the American Dream for those affected by housing affordability. Political and industry leaders say the new bipartisan law will help restore the American Dream for those affected by housing affordability.

Lower energy prices pushed inflation down in June, offering the Federal Reserve's policymakers and would-be homebuyers a welcome reprieve after May's dramatic surge. Lower energy prices pushed inflation down in June, offering the Federal Reserve's policymakers and would-be homebuyers a welcome reprieve after May's dramatic surge.

New York Federal Reserve President John Williams said Wednesday that he sees multiple signs that inflation has peaked, allowing the central bank to hold interest rates in place despite market expectations for a hike in coming months. New York Federal Reserve President John Williams said Wednesday that he sees multiple signs that inflation has peaked, allowing the central bank to hold interest rates in place despite market expectations for a hike in coming months.