Tag: Commerce

Lumber Prices Continue to Price Home Owners — and Builders — Out of the Market

Filed in Advocacy, Trade by on September 15, 2020 29 Comments
Lumber Prices Continue to Price Home Owners — and Builders — Out of the Market

Lumber prices increased 14.9% in August, marking historical gains. Such a sharp increase has put unnecessary pressure on home owners and builders alike to figure out how to close the gap — and potentially not build at all.

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March Housing Starts Down 8.8%

Filed in Economics by on April 19, 2016 0 Comments
March Housing Starts Down 8.8%

Nationwide housing starts fell 8.8% to a seasonally adjusted annual rate of 1.089 million units in March, according to newly released data from HUD and the Commerce Department. Overall permit issuance was also down 7.7%.

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Multifamily Surge Pushes Housing Starts Up 9.8%

Filed in Economics, Multifamily by on July 19, 2015 1 Comment

Led by a steep jump in multifamily production, nationwide housing starts rose 9.8% to a seasonally adjusted annual rate of 1.174 million units in June, according to HUB and the Commerce Department. Multifamily production was up 29.4% to a seasonally adjusted annual rate of 489,000 units, while single-family starts edged down 0.9% to 685,000 units.

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