FHFA: House Price Index Up 0.7 Percent in February; Up 5.7 Percent from 2019
U.S. house prices rose in February, up 0.7 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.7 percent from February 2019 to February 2020. The previously reported 0.3 percent increase for January 2020 was revised upward to 0.5 percent. For the nine census divisions, seasonally adjusted monthly…
Census Bureau: New Experimental “Pulse” Surveys to Track Temporal Trends in Housing and Small Businesses During Pandemic
In response to the unprecedented circumstances presented by COVID-19 and the urgent need for data, the U.S. Census Bureau is launching two new experimental surveys to measure temporal social and economic trends in the nation’s small businesses and households over the next three months. Responses from these experimental surveys will be posted within weeks of collection…
Federal Reserve: “Revitalize or Stabilize”: Does Community Development Financing Work?
Daniel Ringo Abstract: Banks in the United States originate $100 billion in community development loans every year and hold a similar amount of community development investments on their balance sheets. A number of federal place-based policies encourage the provision of these loans and investments to promote growth, employment and the availability of affordable housing to…
ABA: Report Shows Consumer Delinquencies Rise in Fourth Quarter of 2019
Consumer credit delinquencies rose in the fourth quarter of 2019, driven by increases in auto and home-related delinquencies, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. Overall, delinquencies rose in eight of the 11 categories tracked by ABA while delinquencies in three categories fell. The composite ratio, which tracks delinquencies in…
Census Bureau: Delivery of 2020 Census Paper Questionnaires Begins
About 64 million households across the nation are receiving a paper questionnaire in the coming days as the U.S. Census Bureau continues to ensure responding to the census is easier than ever. Of the nation’s households, 46.2% have already responded to the 2020 Census. The remaining households will receive a paper questionnaire starting April 8. “If you’re…
Census Bureau: American FactFinder Officially Retired; Data.census.gov Now Primary Data Tool
Today the U.S. Census Bureau retired American FactFinder (AFF), the primary dissemination tool on census.gov for the past 20 years. Beginning in June of 2019, the Census Bureau stopped releasing new data in AFF, and transitioned to data.census.gov for data releases formerly on AFF. Data.census.gov represents a new chapter in the Census Bureau’s dissemination approach by centralizing data access…
FHFA: House Price Index Up 0.3 Percent in January; Up 5.2 Percent from Last Year
U.S. house prices rose in January, up 0.3 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.2 percent from January 2019 to January 2020. The previously reported 0.6 percent increase for December 2019 was revised upward to 0.7 percent. For the nine census divisions, seasonally adjusted monthly house…
HUD and Census Bureau: New Residential Sales Report for February 2020
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for February 2020: New Home Sales Sales of new single-family houses in February 2020 were at a seasonally adjusted annual rate of 765,000. This is 4.4 percent (±14.8 percent)* below the revised January…
FHFA: More Than 4.4 Million Homeowners Helped Since Conservatorship
The Federal Housing Finance Agency (FHFA) today released its fourth quarter 2019 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 25,930 foreclosure prevention actions in the fourth quarter of 2019, bringing to 4.407 million the number of troubled homeowners who have been helped during conservatorships. The report also shows that nearly 40 percent…
Census Bureau: American FactFinder Is Retiring March 31
The U.S. Census Bureau is retiring American FactFinder (AFF) on March 31, 2020. AFF has been the primary data dissemination tool, provided by the Census Bureau, for almost 20 years. Beginning in June of 2019, the Census Bureau stopped releasing new data in AFF and transitioned to data.census.gov. Data.census.gov represents a new chapter in the Census Bureau’s dissemination…