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residential construction

A Major Housing Starts Surprise – Highest Level in 4 Years

November 20, 2012 by Ted 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

Filed Under: Economic Trends, News, Research Tagged With: David Crowe, housing starts, NAHB, National Association of Home Builders, residential construction, single-family starts, starts

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Ted Green Bio

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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