Tag Archive for ‘housing starts’

Manufactured Homes Post August Increase

According to the U.S. Census Bureau, shipments of manufactured homes increased by 7.6% to an 85,000 seasonally adjusted annual rate in August, from 79,000 in July. This rate of growth partially reverses the 10.2% decline recorded in July, however, the number of manufactured homes in August remains 21.3% below its post-recession peak of 108,000 reached in January 2017. Figure 1… Read More ›

New Single-Family Housing Starts by Divisions in 2016 – Long Road Back to Normal

NAHB analysis of the Survey of Construction (SOC) shows that, nationally, there were 779,082 new single-family units started in 2016, 10% higher than 2015. According to the NAHB tabulation of data from the 2016 Survey of Construction, new single-family housing starts were divided into the nine Census divisions, including Pacific, Mountain, West North Central, West South Central, East North Central,… Read More ›

October Housing Starts – Pop Goes Single Family

A big jump up in single family starts combined with an anticipated rebound in multifamily to push the annual pace of total housing starts above 1.3 million in October. In a joint release the Census Bureau and Department of Housing and Urban Development reported that the seasonally adjusted annual rate of single family housing starts was 869 thousand in October,… Read More ›

New Single-Family Housing Starts by Divisions

Using the public-use microdata files provided by Census Bureau’s Survey of Construction (SOC), NAHB Economics and Housing Policy group tabulated new single-family housing starts for the nine census divisions, including Pacific, Mountain, West North Central, West South Central, East North Central, East South Central, Middle Atlantic, South Atlantic, and New England. The map and figure below provide a more geographically… Read More ›

Economists Agree That Housing Recovery Likely To Continue

Yesterday, NAHB hosted its bi-annual Construction Forecast Webinar (CFW). The CFW featured three industry experts. NAHB Chief Economist David Crowe was joined by Maury Harris, Chief US Economist at UBS, and NAHB Senior Economist Robert Denk to present views on the outlook for the US economy and the housing market more specifically. Here are the major points from the presentation:… Read More ›

Housing Production Ends the Year Strong

Housing starts in December were at a seasonally adjusted annual rate of 999,000, according to estimates from the Census Bureau and Department of Housing and Urban Development. In addition, the November level was revised up by 1.5% to a 1,107,000 annualized rate. As a result, the December reading was 9.8% below this revised November estimate, but 1.6% above the pace… Read More ›

October Housing – Permits Strong, Starts Delayed

The Census Bureau reported on building permits, but the housing starts data has been delayed until December 18 due to the partial federal government shutdown in early October. The pace of building permit issuance rose to a seasonally adjusted annual rate of 974 thousand in September and rose again to 1,034 thousand annually in October. The pace of August permitting… Read More ›

Porches on 90% of New Homes in 4 Southern States

There is a clear geographic pattern to the exterior amenities (porches, patios and decks) included on new homes, according to data from the Survey of Construction (SOC).  Among Census divisions, the highest incidence of one of these amenities occurs in the East South Central (the four southern states of Alabama, Kentucky, Mississippi and Tennessee), where 90 percent of the new homes started in… Read More ›

Single-Family Starts Hold Steady as Multifamily Drops

The U.S. Census Bureau reported that housing starts were at a seasonally adjusted annual rate of 836,000 for June, a 9.9% slower pace than May but 10.4% higher than one year ago. The month-over-month decline in housing starts largely reflected a 26.2% decrease in multifamily starts, which came in at a seasonally adjusted annual rate of 245,000 in June. Single-family… Read More ›

Solid February for Housing Starts

Housing starts for February came in at a healthy pace for both single and multifamily units. Single family housing starts in February ran at a 618 thousand annual pace (SAAR) while multifamily starts came in at 299 thousand. This represents a continuation of the solid growth trajectory in single family starts that began in earnest in late 2011 and carried… Read More ›