Eye On Housing
Over the first ten months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 739,121. On a year-over-year basis, this is a 5.7% increase over the October 2017 level of 699,374. The preliminary results from the New Residential Construction Survey are exactly the same, year-to-date single-family permits over the first ten months of 2018 was, 738,800… Read More ›
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 ›