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You are here: Home / Archives for housing starts

housing starts

Residential Construction & New Home Sales Bounce Back in June

July 28, 2020 by Ted 1 Comment

Photo of construction workers

Two new economic reports from June covering the housing industry show promising results, with both residential construction (otherwise known as housing starts), and sales of newly constructed homes taking a nice bounce in June. This was welcome news after dramatic declines hit the housing market in early Spring.

But will it hold?

See more on the changing housing market

[Read more…] about Residential Construction & New Home Sales Bounce Back in June

Filed Under: Economic Trends Tagged With: housing starts, new home sales, residential construction

Housing Starts Struggle to Regain Their Footing in May

June 18, 2020 by Ted Leave a Comment

new home under construction, a housing start

Last month, Strata-gee reported on a shocking 30+% drop in residential housing construction, with starts dropping an eye-popping 30.2% in April. That was ultimately revised to a decline of “only” 26.4%…still a massive one month decline. Now in May, we see starts attempting to rebound from those unprecedented drops.

See more on May’s housing starts data…

[Read more…] about Housing Starts Struggle to Regain Their Footing in May

Filed Under: Economic Trends, News Tagged With: housing starts, residential construction, residential housing

Shocking 30+% Drop in Housing Construction Starts; But a Turnaround May Be Lurking

May 21, 2020 by Ted Leave a Comment

a machine gets ready to start constructing a housing project

Existing Home Sales Decline as Well

I’ve been saying for a while now that really, really tough economic data was coming. Even though it was obvious to many of us that the economy was crashing – thanks to COVID-19 – it takes time for backward-looking statistics to catch up. Well, now they’re starting to catch up and with overall residential housing construction starts dropping an eye-popping 30.2% in April…they are ugly.

But read on to see why one piece of data seems to suggest that a housing turnaround make be lurking in the near future – or is even already here…

Learn more about this new data on the housing market…

[Read more…] about Shocking 30+% Drop in Housing Construction Starts; But a Turnaround May Be Lurking

Filed Under: Associations, News, Pivot Point, Statistics Tagged With: existing-home sales, housing starts, mortgage applications, residential construction

Tighten Your Harness, The Rocket Ship U.S. Economy is Coming Down Hard

April 23, 2020 by Ted Leave a Comment

graph of economic downturn

You knew it was coming, but we just couldn’t see it until statistical data caught up with the rapidly changing U.S. economy. But now, we are getting a snapshot of these changes and they are breathtaking…and a little scary. Hold on tight…it’s going to get worse before it gets better.

See a selection of data showing the economy hitting the brakes…

[Read more…] about Tighten Your Harness, The Rocket Ship U.S. Economy is Coming Down Hard

Filed Under: Economic Trends, Financial, News Tagged With: consumer sentiment, housing, housing starts, new home sales, recession, unemployment

New Home Sales & Housing Starts Decline in February, A Hint of Things to Come

March 25, 2020 by Ted Leave a Comment

The U.S. Census Bureau and the U.S. Department Housing and Urban Development announced this week that sales of newly built residences fell in February 2020. Housing starts also fell in February. This housing market downturn is likely a precursor to much more dramatic declines when figures for March 2020 are reported – a time period when the coronavirus (COVID-19) pandemic began to really take hold across America, forcing State and City governments across the U.S. to order residents of all non-essential businesses to stay home.

See more on the drop in new home sales…

[Read more…] about New Home Sales & Housing Starts Decline in February, A Hint of Things to Come

Filed Under: News, Statistics Tagged With: housing starts, new home sales, residential construction, residential housing

Huge Jump in End-of-2019 Housing Starts Startles Economists

January 23, 2020 by Ted Leave a Comment

Photo of a home being built

Like at the end of the Christmas movie, Miracle on 34th Street, it appears that Santa brought new homes for all the good little girls and boys at the end of last year. New government data on residential housing construction starts for December 2019 startled economists, jumping an unexpected 16.9% for the highest rate of construction in 13-years.

See more on this unexpected jump in housing starts…

[Read more…] about Huge Jump in End-of-2019 Housing Starts Startles Economists

Filed Under: Economic Trends, News Tagged With: housing starts, residential housing

Housing Construction Starts Grow Again in November

December 18, 2019 by Ted Leave a Comment

housing construction starts photo

The Census Bureau, in cooperation with the U.S. Department of Housing and Urban Development, released new home construction data for November, offering details on what is generally known as housing starts. The overall construction starts – which includes both single-family and multi-family homes – both showed increases over the revised numbers for October, suggesting a return to economic stability after a period of concern about a possible slowdown.

See more on housing construction starts…

[Read more…] about Housing Construction Starts Grow Again in November

Filed Under: Economic Trends, News, Statistics Tagged With: economy, housing starts, residential construction, starts

Oct. Housing Data is Split: Home Construction UP, Home Sales DOWN

November 26, 2019 by Ted Leave a Comment

Photo of a new home for sale

In new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, the readings appear split with housing starts showing increases while new home sales declined. Housing, a prime component of the overall U.S. GDP has been in a bit of a swell over the last couple of months, driven largely by low interest rates stimulating demand for homes.

See more on the latest housing data…

[Read more…] about Oct. Housing Data is Split: Home Construction UP, Home Sales DOWN

Filed Under: Economic Trends, News, Statistics Tagged With: construction, home construction, home sales, housing starts, new home sales, residential construction, residential housing

Housing Starts in Sharp Slide in September

October 21, 2019 by Ted Leave a Comment

Photo of construction workers

As the economy continues to show more signs of a slowdown, we can’t help but notice increasing volatility in the month-to-month readings of various statistics. The latest government data on housing construction starts is a great example of this. After a big jump in August, starts dropped in September by 9.4% – a larger than normal amount – from the revised rate in August.

See the surprising slump in housing starts…

[Read more…] about Housing Starts in Sharp Slide in September

Filed Under: Economic Trends, News, Statistics Tagged With: construction, housing, housing starts, residential housing

More Mixed Signals from Housing – Starts Down, Sales Up

July 26, 2019 by Ted Leave a Comment

Housing - Photo of newly constructed home

In the choppy waters of today’s current economy, we continue to get mixed signals – this time from the housing market. Last week, we learned that residential construction starts declined in June by 0.9% below the rate in May. This week, we find that sales of newly built homes in June increased by 7% as compared to sales in May.

What should we make of developments in housing?…

[Read more…] about More Mixed Signals from Housing – Starts Down, Sales Up

Filed Under: Economic Trends, News, Statistics Tagged With: housing, housing starts, new home sales, residential construction

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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