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Tag Archives: Building Permits

New Building Permit Numbers Beats Expectations

“U.S. housing starts in July were at a seasonally adjusted annual rate of 1.452 million, which is 3.9% above the downward revised June estimate of 1.398 million and is 5.9% above the July 2022 rate of 1.371 million,” First American Deputy Chief Economist Odeta Kushi said.

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May’s Housing Starts Rise Above Expectations

“U.S. housing starts in May came in above consensus expectations at a seasonally adjusted annual rate of 1.63 million, which is 21.7% above the revised April estimate of 1.34 million and 5.7% above the May 2022 rate of 1.54 million,” said First American Economist Ksenia Potapov.

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Can Builders Keep up With Demand?

Here’s what experts—interpreting data from the Census Bureau’s latest housing starts survey—had to say about how the spring season is likely to pan out for homebuilders and buyers.

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Housing Starts Flip-Flop

Construction Material

An expert explains why housing starts have declined despite a strong showing in the prior month, and what is in store for homebuyers based on this trend.

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Home Wasn’t Built in a Day

From permit stage to home sweet home, it took an average of 7.5 months to complete construction of a single-family house last year, an annual survey reveals, but some U.S. regions saw that wait time reach into the double digits.

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