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multifamily starts

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

August 16, 2012 by Ted 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

Filed Under: Economic Trends, News, Research Tagged With: housing starts, multifamily starts, single-family starts

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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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