Russell Vought, the White House budget director, called the laboratory a source of “climate alarmism.”

© Caine Delacy for The New York Times

When buyers can’t see the climate risks of prospective homes up front, they may take on more exposure than they can afford.

Hundreds of people have been killed and millions displaced as extreme weather has ravaged Southeast Asia this month. Indonesia’s heavy rain was linked to two tropical cyclones.

New research shows that climate change is beginning to erode home prices in the most disaster-prone areas of the United States. Here’s what to know.