The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Treasury released its June edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among key indicators, including growing entity and rebound in the sale of new and existing homes.
While this scorecard notes positive overall trends in the housing market, officials caution that more work needs to be done as the economy recovers from the Great Recession.