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Awards | Membership

Jun 27, 2025

National Housing Center Awards Recognize Outstanding Industry Legends

Several industry leaders were recently honored for their contributions to the housing industry during the National Housing Center Awards Ceremony on June 10 in Washington, D.C. Learn more about the recipients and how to nominate individuals for the awards.

Housing Affordability | Economics

Jun 26, 2025

Harvard Report Shows the Housing Affordability Crisis Worsening

The U.S. housing market continues to face uncertainty and record-high unaffordability as home prices and interest rates push sales to their lowest level in 30 years, according to The State of the Nation’s Housing 2025, a report published by the Harvard Joint Center for Housing Studies (JCHS).

Economics

Jun 27, 2025

In the first quarter of 2025, state and local governments experienced an increase in property tax revenue growth. On a seasonally adjusted basis, state and local government property tax revenue grew 1.1% over the quarter, according to the Census Bureau’s quarterly summary of state and local tax revenue.

Economics

Jun 26, 2025

Average mortgage rates were flat in June, according to Freddie Mac. The average 30-year fixed-rate mortgage held at 6.82%, while the 15-year stayed at 5.95%. Compared to a year ago, the 30-year rate is down 10 basis points (bps), and the 15-year rate is 24 bps lower.

Economics

Jun 26, 2025

Nonfarm payroll employment increased in 37 states in May compared to the previous month, while it decreased in 10 states and the District of Columbia. The three remaining states, Alaska, Delaware, and New Jersey reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 139,000 in May following a gain of 147,000 jobs in April.