“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.
Read More »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.
Read More »Stalled Construction Projects Up Nearly 50%
New Census data has found that a spike in the cost of raw materials and continued supply chain issues has driven up the number of home construction projects that were authorized but not started.
Read More »New Residential Construction Statistics for February 2022 Are In
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts ...
Read More »Housing Starts Surge in June
One economist said homebuilders are in a “solid position” to respond to the pent-up demand of buyers.
Read More »Housing Permits, Starts Rebound in May
Analysis of the U.S. Census Bureau’s latest data said an uptick in construction coupled with low mortgage rates are good news for the market heading into the summer.
Read More »Housing Data Reveals ‘Depth and Severity’ of Pandemic
Starts, permits, and completions recorded another drop in April, with one segment falling more than 30% month-over-month.
Read More »Housing Markets ‘Feeling the Chill’
Starts, permits, and completions all posted monthly declines in March. Click through to see how far they fell.
Read More »Housing Starts, Building Permits Take a Hit in June
What do the experts think contributed to a decline in housing starts for June? Click through to see what they had to say.
Read More »The Week Ahead: Rate Hike Inevitable?
This week the Federal Housing Market Committee will have its last meeting of the year. See if a rate hike is on the horizon and what else is expected in The Week Ahead.
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