Tag Archive for ‘housing starts’

One-Fourth of All Single-Family Homes are Built in a Strip from Delaware to Florida

Traditionally, the Census Bureau reports statistics on new residential construction (including housing starts) only for the four principal census regions: Northeast, Midwest, South and West.  The geography is limited by the way the sample for the Survey of Construction is drawn.  In 2009, the sample was redrawn in a way that allows for slightly more geographic detail (i.e., nine census divisions). … Read More ›

Housing Starts in April – A Positive Signal

New residential construction posted promising gains in April according to today’s joint release from the Census Bureau and Department of Housing and Urban Development. Preliminary estimates for housing starts show a seasonally adjusted annual rate of 717 thousand units, split between 492 thousand single family units and 225 thousand multifamily units, gains for both sectors. This is the sixth consecutive… Read More ›

February Housing Starts Pause

Single-family housing starts declined almost 10 percent in February from an elevated January due to abnormally warm weather country wide. February also has above average temperatures but not as off-normal as January. In addition, buyers are meeting the harsh realities of tight credit standards and poor appraisals that don’t account for the condition of the distressed sales used as comparables…. Read More ›

Housing Starts Continue Improvement

January housing starts increased 1.5% to 699,000 on a seasonally-adjusted annual basis. The relatively small month-to-month increase was masked by a substantial revision to November and December estimates. With the revisions, total starts rose to 702,000 in November from a previously reported 685,000. November is the first month above 700,000 since October 2008. Single-family starts were down 1% on a… Read More ›