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Tag Archives: Census Bureau

Housing Starts Take a Tumble in December

Residential construction was tricky in December 2015 as both housing starts and building permits posted disappointing numbers, but builder confidence remains elevated and year-end totals hit 2007 levels.

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New Home Sales Keep Rising in November

New single-family home sales experienced continued growth in November, with the number of new home sales increasing on a seasonally-adjusted annual basis the U.S. Census Bureau and HUD reported Wednesday.

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Single-Family Built-For-Rent Construction Rises in Q2

Single-family homes built-for-rent rose to approximately 8,000 starts for the second quarter of 2015, compared to about 6,000 in the same period last year, according to data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design and National Association of Home Builders analysis.

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Single-Family New Home Sales Jump Nearly 20 Percent Year-Over-Year

The report also reveals that the median sales price of homes sold in March was $277,000, while the average price was $343,000. Additionally, by the end of March, the number of new homes on the market was 213,000. At the current sales rate, this supply should last approximately 5.3 months. Results of the report are gathered through sample surveys, and the majority of houses are chosen randomly from selected building permits. Census field representatives collect the data, visit permit offices, and track when single-family units are started, completed and sold.

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