Castro: Hispanics key to US housing sector future

AUSTIN, Texas (AP) — The nation’s housing secretary says a booming Hispanic population will drive the future of America’s residential real estate market and predicts that a major overhaul of federal immigration laws would create a further boon to home sales across the country.

Julian Castro, confirmed in July as U.S. secretary of Housing and Urban Development, told The Associated Press that “for the work that HUD does, and the housing market in general, Hispanics truly are the future.”