11/25/2022 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   New home sales unexpectedly rise 7.5 percent in October Sales of new single‐family houses in October 2022 were at a seasonally adjusted annual rate of 632,000. This is 7.5 percent above the revised September rate of 588,000, but is 5.8 percent below the October 2021 estimate of 671,000. Sales rose the most in the Northeast (45.7 percent) and the South (16.0 percent), but fell sharply in the Midwest (-34.2 percent) and slipped in the West (-0.8 percent). Both the average and median sales…

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State Housing Agencies: Recognize Green Building Programs as Resilient Construction Guides

State Housing Agencies: Recognize Green Building Programs as Resilient Construction Guides By investing upfront in resilient construction, the agencies can be assured that funded buildings will require less maintenance and repair costs when such events occur. Read More Home Innovation Research Labs https://www.homeinnovation.com/about/blog/20221114-cw-state-housing-agencies

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HUD Reaffirms Its Efforts on Climate Change

HUD Reaffirms Its Efforts on Climate Change HUD will continue aligning building and substantial rehabilitation incentives and requirements with energy-efficiency and equitable decarbonization goals, including requirements around achieving green building standards in new construction and substantial renovations. Read More DSNews https://dsnews.com/featured/11-18-2022/hud-efforts-climate-change

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Setting the Path to Zero Energy Homes Through Hers® Ratings

Setting the Path to Zero Energy Homes Through Hers® Ratings Energy efficiency appeals to some stock market investors and helps the company access marginally better financing terms. Maybe more important, the company and its peers would like to change how they’re perceived. Read More RESNET https://www.resnet.us/articles/american-homes-4-rent-sets-path-to-zero-energy-homes-through-hers-ratings/

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KB Home Announces the Grand Opening of Auburn, a New Community Located in Moreno Valley, Calif.

KB Home Announces the Grand Opening of Auburn, a New Community Located in Moreno Valley, Calif. Homebuilder’s latest community offers personalized, new homes in Riverside County, priced from the low $500,000s. Read More Businesswire https://www.businesswire.com/news/home/20221122005190/en/KB-Home-Announces-the-Grand-Opening-of-Auburn-a-New-Community-Located-in-Moreno-Valley-California

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