Instant Reaction: Housing Starts, September 21, 2021

NAR Applauds Admin Suspending Portions of 2021 PSPAs The suspended portions would limit GSEs’ ability to appropriately serve the overall U.S. housing market as intended in crisis. Media Contact: Tori Syrek Mortgage Financing, Fannie Mae & Freddie Mac (GSEs) Original source: https://www.nar.realtor/newsroom/nar-applauds-administration-suspending-portions-of-the-2021-preferred-stock-purchase-agreements

Housing Affordability Continued to Improve in August At the national level, housing affordability increased for the second consecutive month in August compared to the previous month. By:  Michael Hyman Original source: https://www.nar.realtor/blogs/economists-outlook/housing-affordability-continued-to-improve-in-august

Retail Vacancy Rates at Lowest Levels Since Q2 2020 With people returning to physical stores and food and drinking places, demand for retail space in Q2 2021 exceeded pre-pandemic peak levels. By: Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-retail-vacancy-rates-at-lowest-levels-since-q2-2020

On November 10, 2021, REALTORS® from across the country and around the world will gather in San Diego to experience the premier global event for real estate professionals. This year’s conference will be the first-ever hybrid – in-person and virtual – REALTORS® Conference & Expo. Original source: https://www.nar.realtor/newsroom/realtors-to-rise-and-shine-during-annual-realtors-conference-expo-in-san-diego

NAR Congratulates the Bipartisan Policy Center NAR looks forward to collaborating with Ron and the Bipartisan Policy Center to ensure every American is afforded access to homeownership. Media Contact:  Tori Syrek Original source: https://www.nar.realtor/newsroom/nar-congratulates-the-bipartisan-policy-center-for-launching-the-j-ronald-terwilliger-center-for-housing-policy