Tag Archive for ‘starts’

Single-Family Built-for-Rent Market Continues Decline

Single-family starts built-for-rent were down sharply on a year-over-year basis, falling to only 6,000 starts for the third quarter of 2013 compared to 11,000 a year prior, the highest quarterly tally since 2003. While the market share of built-for-rent single-family units remains elevated, the share appears to be declining off post-Great Recession highs. According to data from the Census Bureau’s Quarterly Starts and… Read More ›

Townhouse Market Share Drops

Total townhouse construction declined slightly on a year-over-year basis during the third quarter of 2013, per Census data of Starts and Completions by Purpose and Design. Single-family attached starts totaled 17,000 for the quarter, compared to 21,000 during the third quarter of 2012. Over the period spanning the fourth quarter of 2012 through the end of the third quarter of 2013, 69,000 townhouses began construction. Using a… Read More ›

Owner/Contractor Built Housing Market Share Flat

The market share of homes built on an owner’s land, with either the owner or a builder acting as the general contractor, was effectively flat on a quarter-over-quarter basis. Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicate that the number of starts of this type of custom home building rose slightly by count from the third quarter of… Read More ›

Top Posts of 2013: Regional Lot Size Differences

With the end of 2013 approaching, NAHB’s Eye on Housing would like to take a look at the updates that attracted the most readers over the last year.  In October, we examined the regional differences in lot sizes for new single-family homes. —————————– According to data from the Census Bureau’s Survey of Construction (SOC), the median size of lots on single-family homes… Read More ›

Home Building Passes One Million Mark

November housing starts and permits reported by Census and HUD were over the one million mark in November. Except for a brief breech of that mark in early spring, home construction has not been over one million since 2008. Single-family starts rose to 727,000, a 20.8% increase over October and the highest since December 2007. Multifamily starts rose to 364,000,… Read More ›

Home Building Passes One Million Mark

November housing starts and permits reported by Census and HUD were over the one million mark in November. Except for a brief breech of that mark in early spring, home construction has not been over one million since 2008. Single-family starts rose to 727,000, a 20.8% increase over October and the highest since December 2007. Multifamily starts rose to 364,000,… Read More ›

Builders Absorb Consumer Concerns

The October NAHB/Wells Fargo Housing Market Index fell two points to 55 from a one-point downwardly revised September level of 57. The decline was broad based with a two-point fall in all three components: current sales from 60 to 58, expected future sales from 64 to 62 and traffic from 46 to 44. The index has remained above the tipping… Read More ›

Single-Family Starts Save the Day

Housing starts rose 0.9% in August pushed by a solid 7% increase in single-family starts and tempered by an 11% fall in multifamily starts. The single-family increase was broad; all four census regions showed increases ranging from 17.5% in the West to 2.3% in the South. Monthly multifamily starts have saw-toothed up and down for several months with four up… 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 ›

Housing Starts a Mixed Bag

Data released by the U.S. Census Bureau in conjunction with the Department of Housing and Urban Development indicates that privately-owned housing starts were at a seasonally adjusted annual rate of 896,000 in July, 6% above the upwardly revised June estimate of 846,000 and 21% above the July 2012 rate of 741,000. The month-over-month increase in housing starts reflects sizeable gains… Read More ›