Housing Starts in 3-Month Slide

September housing starts, the government’s measure of new residential construction activity, showed an overall decline to a seasonally adjusted annual rate of 1,127,000 units. This rate is down 4.7% from the revised August rate of 1,183,000 units. This is the … Continue reading

A Major Housing Starts Surprise – Highest Level in 4 Years

The 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 … Continue reading

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

The 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 … Continue reading

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

New 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 … Continue reading

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

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 … Continue reading

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

On 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 … Continue reading