Tag: housing starts

February Housing Starts Down After Single-Family Surge in January

Total housing starts fell 8.7 percent in February to a seasonally adjusted annual rate of 1.16 million units from an upwardly revised reading in January, according to a report from the U.S. Housing and Urban Development and Commerce Department that was delayed due to the partial government shutdown.

Housing Starts Rebound in January

Total housing starts rose 18.6 percent in January to a seasonally adjusted annual rate of 1.23 million units from a downwardly revised reading in December.

Single-family starts drop in November as builders face affordability concerns

Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in November.

Housing starts decline in October

Housing starts for October came in 3.2 percent below expectations at 1,228,000, a 2.9 percent drop from October of last year. 

New home sales and starts increase in August

Sales of newly built, single-family homes rose 3.5 percent in August to a seasonally adjusted annual rate of 629,000 units after downwardly revised June and July reports.

Commentary on July housing starts and permits

Housing starts for July came in at 1,168,000, 7.3% below the consensus of 1,260,000 and only 0.9% above last month's number of 1,158,000, which was revised down by 15,000 units.  This is the worst two month stretch for starts since April/May of last year.

Housing starts fall 12.3 percent as tariffs draw increased concern

Total housing starts fell 12.3 percent in June to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

Residential housing starts increased in May, building permits declined

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced new residential construction statistics for May 2018.

Residential construction increases, but low inventory persists

While March results for both housing starts and permits were strong, the residential market is facing a confluence of challenges including low inventory, constrained labor, and rising material costs, ultimately creating a growing bubble of pent up demand and affordability challenges.

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