Jun 21, 2011 1:32PM The National Association of Realtors today released Existing Home Sales data for May 2011. Existing Home Sales declined by 3.8 percent to a seasonally adjusted annual rate of 4.81 million in May from a negatively revised 5.00 million pace in April. This is 15.3 percent below the 5.68 million annual pace reported last May (*when sales were surging to beat the deadline for the home buyer tax credit). All regions saw annual contractions in both the pace of home sales and median prices. And while total... Jun 21, 2011 3:10PM Affordable rental housing is the focus of the second edition of Evidence Matters , the Department of Housing and Urban Development's (HUD's) new quarterly publication devoted to housing and community development issues. This edition focuses on several proposals that came out of the Next Generation Housing Policy Conference held last October. The Conference, sponsored by the White House, HUD and the Departments of Treasury and Agriculture, brought together prominent housing experts and practitioners...
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