Which government entity oversees the regulation of the housing market?

The Department of Housing and Urban Development (HUD) is the correct entity that oversees the regulation of the housing market. HUD plays a crucial role in ensuring fair housing, providing affordable housing opportunities, and promoting sustainable communities. It administers various programs aimed at addressing housing discrimination, providing housing assistance, and improving urban development. Additionally, HUD enforces laws related to housing safety and quality, making it essential in the regulation and support of the housing market.

Other government entities mentioned have different focuses: the Securities and Exchange Commission regulates the securities industry to protect investors, the Internal Revenue Service manages tax collection and enforces tax laws, and the Federal Reserve System primarily oversees monetary policy and banking stability. Each entity serves specific functions that do not directly relate to housing market regulation.