Tag Archive for ‘single-family’

Builder Confidence in the 55+ Market Improves in the Second Quarter

According to NAHB’s latest 55+ Housing Market Index (HMI) survey, builder confidence in the market for new 55+ single-family homes increased significantly in the second quarter of 2012.  Compared to the same period a year ago, the 55+HMI for new single-family homes more than doubled from 13 to 29.  (Because the survey results are not yet seasonally adjusted, numbers should only be compared year-over-year.)… Read More ›

Residential Construction Spending Rises in June

According to the Census Bureau, private residential construction spending increased for the third consecutive month in June, gaining 1.3 percent from an upwardly revised estimate for May 2012. The overall trend in private residential construction spending has been quite strong as the data expressed on a three-month moving average basis has risen in each of the last 9 months. With… Read More ›

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 ›

Private Residential Construction Reaches Three-Year High in May

The Census Bureau’s newest release on construction spending showed a 2.8 percent increase in spending activity for private residential projects in May 2012. On a three-month moving average basis, spending has increased during each of the last 8 months. This release also featured revisions to prior estimates dating back to January 2010. While the modest upswing in total private residential… Read More ›

Private Residential Construction Spending Surges in April

Today’s construction spending release from the Census Bureau revealed a strong 2.8 percent jump in spending on private residential projects during April 2012. The initial estimates for February and March were revised from -2.2% and 0.7% to 0.1% and 0.4%, respectively. Overall, private residential construction spending has increased in each of the last 9 months. New single-family construction activity continued… Read More ›

Private Residential Construction Spending Increases in March

The Census Bureau’s newest report on construction spending showed a 0.7 percent jump in spending activity on private residential projects in March 2012. Initial estimates for January and February were revised from earlier readings of -0.1% and generally unchanged to an increase of 0.5% and a drop of 2.2%, respectively. The new single-family component for construction spending gained 3.8 percent… Read More ›