Strata-gee.com

Strategy in TECH...

You are here: Home / Archives for housing starts

housing starts

Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

by Leave a Comment

Mid-Year construction title slideThe Associated Builders and Contractors, Inc., (ABC) a builders trade association, held their third annual Mid-Year Construction Forecast presentation this week…inviting economists from three industry-related associations to present their outlook on the construction industry. This year, the invited economists included Kermit Baker (American Institute of Architects, AIA), David Crowe (National Association of Home Builders, NAHB), and their own Anirban Basu (ABC).

The economists this year were, overall, cautiously optimistic – with a heavy emphasis on caution.

See more on the presentations from the construction industry economists… [Read more…] about Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

Startling Jump in November Housing Starts; Are Happy Days Here Again?

by Leave a Comment

Photo of construction workersNewly released data from the Commerce Department shows that housing starts took what many are characterizing as a startling jump in November – rising 23% overall above the October rate and almost 30% above the November 2012 rate. Analysts are struggling to explain the gains other than to say these numbers show a durable housing recovery – welcome news considering the fact that the housing construction industry is a key driver of the overall economy.

The news is good…but is it a real recovery, or just an outlier?… [Read more…] about Startling Jump in November Housing Starts; Are Happy Days Here Again?

Residential Construction Rebound Getting More Convincing Based on December Data

by Leave a Comment

Census Bureau LogoThe U.S. Census Bureau released residential construction data for the month of December and the results provide further – and perhaps more convincing – proof that the housing market is showing consistent signs of improvement. Some analysts even call this a housing rebound as overall residential construction starts increased to 954,000 units or 12.1% over the revised November rate of 851,000 units.

There’s even more good news in this report that lends credibility to the housing rebound… [Read more…] about Residential Construction Rebound Getting More Convincing Based on December Data

Contrary to Other Housing Data, New Home Sales Decline in October

by 4 Comments

Photo of newly constructed homeIn a somewhat surprising reversal of fortune for the housing market, new data from the U.S. Department of Commerce shows that sales of new single family homes actually declined in October to a seasonally adjusted annual rate (SAAR) of 368,000 units. This rate is a decline of 0.3% below the revised September rate of 369,000 units.

What does this new data mean for the housing recovery?… [Read more…] about Contrary to Other Housing Data, New Home Sales Decline in October

A Major Housing Starts Surprise – Highest Level in 4 Years

by Leave a Comment

Photo of home under constructionThe U.S.Commerce Department released new data today detailing an unexpected uptick in housing “starts” or the number of homes that had begun construction during the month of October. According to the report, starts in October increased to a seasonally adjusted annual rate (SAAR) of 894,000 units or 3.6 percent higher than the revised September level of 863,000.

See more on this results which were well above estimates, surprising economists… [Read more…] about A Major Housing Starts Surprise – Highest Level in 4 Years

After Years of Free-Fall, Housing Finds a Solid Bottom It Can Build From

by Leave a Comment

Photo of housing under constructionThe U.S. Commerce Department released the latest data on new residential construction today and the results caught most off-guard as it was significantly better than expected with September overall housing starts increasing to 872,000 units – an amazing 15% over the revised August figure of 758,000. This data clearly suggests the nightmare of the 2007 housing market collapse can start to become a memory as the market recovers from a very scary bottom reached in the middle of 2009 when starts were at the lowest levels ever recorded since 1959.

More good news as housing’s outlook brightens… [Read more…] about After Years of Free-Fall, Housing Finds a Solid Bottom It Can Build From

After Climbing for 4 Months, Single-Family Housing Starts Drop in July

by Leave a Comment

Housing Starts GraphicNew residential construction data from the Commerce Department released today showed that single-family housing starts dropped in July to 502,000 units or 6.5% below June’s revised rate of 537,000 units. And while this figure is still a solid 17% over July 2011’s rate of 429,000 units – it was a bit of a disappointment as single-family starts have increased for the last four months in a row, leading some to conclude that the housing market was on a rebound.

But other housing data suggests the  bumpy road for housing continues… [Read more…] about After Climbing for 4 Months, Single-Family Housing Starts Drop in July

June Housing Starts are Up Again, Is it Time for the ‘R’ Word Yet?

by Leave a Comment

The Commerce Department released today new housing starts data for the month of June, and we may be close to using that long sought after “R” word – Recovery. Largely positive  – housing starts overall for June reached a seasonally adjusted annual rate of 760,000 units or 6.9% over May’s revised rate of 711,000 units. Still, the picture for single-family starts – an economic driver for our industry – while still positive, is a little more moderate.

Can housing now be a bright spot in an otherwise cooling economy? [Read more…] about June Housing Starts are Up Again, Is it Time for the ‘R’ Word Yet?

Builders’ Construction Forecast Event for Media Has Powerful Data & Surprises

by Leave a Comment

2012 Mid-Year Construction Forecast Intro SlideOn Tuesday, the Associated Builders and Contractors (ABC) held a webinar for the media called the 2012 Mid-Year Construction Forecast with presentations from some of the most powerful industry-related economists with fresh data and forecasts…and some surprises.

See new construction data and the latest trends it suggests will occur… [Read more…] about Builders’ Construction Forecast Event for Media Has Powerful Data & Surprises

Housing Starts – Start of a New Trend?

by Leave a Comment

Graph Showing Residential ConstructionThe Commerce Department on Tuesday released the latest report on the residential construction market – a key economic indicator for the custom integration market – and…as you might suspect with this uneven recovery we are in…the data showed yet another zag after last month’s zig. Total residential housing construction starts for the month of May were 708,000, down 4.8% from the revised April level of 723,000 units.

But the news wasn’t all bad… [Read more…] about Housing Starts – Start of a New Trend?