Home >> Tag Archives: Housing Starts (page 9)

Tag Archives: Housing Starts

Housing Starts Show Modest Gains

Though the gains in starts and permits are modest‒‒not to mention multi-faceted‒‒the upturn is certainly more welcome news to industry pundits than the numbers that came from February. That month, the U.S. Census Bureau and U.S. Department of Housing and Urban Development reported that privately-owned housing starts had hit their lowest rate in years. Housing starts were down 17 percent from January and 3.3 percent below the February prior.

Read More »

Housing Starts, Permits Fall in January

Homebuilders broke ground on new homes at a seasonally adjusted annual rate of 1.07 million in January, the Commerce Department said Wednesday. January's rate of new construction was 2.0 percent below December's revised estimate of 1.09 million units annually but 18.7 percent above the year-ago pace of 897,000 units.

Read More »

U.S. Leading Indicators Improve for Fourth Straight Month

The Conference Board's Leading Economic Index (LEI), which gauges the near-term economic outlook based on a variety of indicators, increased 0.5 percent in December to 121.1, the group reported Friday. The increase fell between November's gain of 0.4 percent and October's larger 0.6 percent improvement.

Read More »

Homebuilders Finish Best Year for Housing Starts Since 2007

Builders broke ground on new residences at a seasonally adjusted annual rate of 1.09 million in December, an increase of 4.4 percent month-over-month and 5.3 percent year-over-year, the Commerce Department reported Wednesday. For the entire year, the government estimates homebuilders started on 1.01 million new units, making 2014 the first year since 2007 that starts topped the 1 million mark.

Read More »

Housing Barometer Shows Improvements in All Metrics

Three of the five indicators in Trulia's quarterly housing barometer—existing-home sales, excluding distressed sales; home price level; and delinquency plus foreclosure rate—are all more than three-quarters of the way "back to normal" as of the end of 2014, according to the company.

Read More »

U.S. Housing Starts Dip in November

According to a report released Tuesday from the Commerce Department, homebuilders began construction on new houses in November at a seasonally adjusted annual rate of 1.03 million, down 1.6 percent month-over-month and 7 percent year-over-year. Despite the retreat in housing starts, there were a few pieces of good news in Tuesday's report.

Read More »

Forecast: Full Steam Ahead for Housing

In its latest forecast, Wells Fargo's Economics Group cited a number of reasons optimistic housing market predictions for next year, namely easing of credit, job and income growth, and mortgage rates near their lowest levels in a generation.

Read More »

Builder Confidence Sees Small Setback

Following a four-point uptick in November, the National Association of Home Builders' (NAHB) Housing Market Index dropped one point to 57 in December, the group said Monday. A reading above 50 indicates that market conditions are viewed more as good than bad.

Read More »

High Hopes for New Homes in 2015

Looking at the year ahead, Fitch predicts a bounce in both supply and demand for homes as the economy continues to steadily expand and both employment measures and consumer confidence see improvement. With housing starts and new home sales expected to advance, Fitch sees a possibility of higher revenues for homebuilders.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.