Tag: housing starts

Housing Starts Finish 2019 Strong

Filed in Economics by on January 17, 2020 0 Comments
Housing Starts Finish 2019 Strong

Total housing starts increased 16.9% in December to a seasonally adjusted annual rate of 1.61 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. This is a 13-year high for housing starts.

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A Decade of Home Building: The Long Recovery of the 2010s

Filed in Affordability, Economics, Housing Trends by on January 6, 2020 8 Comments
A Decade of Home Building: The Long Recovery of the 2010s

The 2010s was by far the lowest decade of single-family production in the last 60 years. During this 10-year period, single-family home construction totaled just 6.8 million units. By comparison, single-family starts ranged from 9.3 million units in the 1960s to 12.3 million in the 2000s.

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New Single-Family Homes are Getting Smaller

Filed in Economics, Housing Trends by on November 25, 2019 0 Comments
New Single-Family Homes are Getting Smaller

New single-family home size trended lower in the third quarter of 2019, a pattern from recent years that is likely to continue as builders add more entry-level homes into inventory and the custom market levels off, according to NAHB Chief Economist Robert Dietz.

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Is Townhouse Construction Ready for a Resurgence?

Filed in Economics by on November 20, 2019 0 Comments
Is Townhouse Construction Ready for a Resurgence?

Townhouse construction was relatively flat in the third quarter of 2019 and may be nearing the end of a recent slowdown, according to an NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design.

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Single-Family Construction Continues to Make Steady Gains in October

Filed in Economics by on November 19, 2019 0 Comments
Single-Family Construction Continues to Make Steady Gains in October

Total housing starts increased 3.8 percent in October to a seasonally adjusted annual rate of 1.31 units, according to a report from the U.S. Housing and Urban Development and Commerce Department.

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Single-Family Housing Starts Hold Firm in September

Filed in Economics by on October 17, 2019 0 Comments
Single-Family Housing Starts Hold Firm in September

Due a decline in multifamily housing starts, total housing starts fell 9.4% in September to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department.

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Housing Starts Post Healthy Gains in August

Filed in Economics, Multifamily by on September 18, 2019 0 Comments
Housing Starts Post Healthy Gains in August

Led by a surge in multifamily production, total housing starts rose 12.3% in August to a seasonally adjusted annual rate of 1.36 million units from an upwardly revised reading in July, according to a report from the U.S. Housing and Urban Development and Commerce Department. This is the highest level since May 2007.

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Single-Family Starts Increase in June 

Filed in Economics by on July 17, 2019 0 Comments
Single-Family Starts Increase in June 

Single-family gains helped offset a drop in multifamily production as total housing starts edged 0.9% lower in June to a seasonally adjusted annual rate of 1.25 million units.

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Housing Starts Relatively Flat Off of Strength in Multifamily Sector

Filed in Economics by on June 18, 2019 1 Comment
Housing Starts Relatively Flat Off of Strength in Multifamily Sector

Total housing starts declined 0.9% in May to a seasonally adjusted annual rate of 1.27 million units from an upwardly revised reading in April, according to a report from the U.S. Housing and Urban Development and Commerce Department.

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February Housing Starts Down After Single-Family Surge in January

Filed in Economics by on March 26, 2019 0 Comments
February Housing Starts Down After Single-Family Surge in January

Total housing starts fell 8.7% in February to a seasonally adjusted annual rate of 1.16 million units from an upwardly revised reading in January, according to a report from the U.S. Housing and Urban Development and Commerce Department. The overall lower starts numbers are somewhat deceiving given the revised single-family starts figure in January was at a post-recession high.

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