Tag: starts

Housing Production Drops 3.7%, Remains Near Post-Recession High

Filed in Economics, Home Building, Multifamily by on May 16, 2018 0 Comments
Housing Production Drops 3.7%, Remains Near Post-Recession High

Total housing production fell 3.7% in April to a seasonally adjusted annual rate of 1.29 million units after an upwardly revised March reading of 1.34 million, according to newly released data from HUD and the Commerce Department. The March report marked an 11-year high for housing production.

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Housing Starts Rise 1.9% on Multifamily Surge

Filed in Economics, Home Building, Multifamily by on April 17, 2018 1 Comment
Housing Starts Rise 1.9% on Multifamily Surge

Gains in multifamily production pushed overall housing starts up 1.9% in March to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from HUD and the Commerce Department.

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Single-Family Sector Boosts Housing Production in 2017

Filed in Economics by on January 18, 2018 0 Comments
Single-Family Sector Boosts Housing Production in 2017

Nationwide housing starts fell 8.2% in December to a seasonally adjusted annual rate of 1.19 million units after an upwardly revised November reading, according to newly released data from HUD and the Commerce Department. The December numbers shows a return to trend after an especially strong November report, but overall 2017 saw significant gains in housing production

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Hurricanes Push Down Housing Production in September

Filed in Economics by on October 18, 2017 0 Comments
Hurricanes Push Down Housing Production in September

Nationwide housing starts fell 4.7% in September to a seasonally adjusted annual rate of 1.13 million units, according to newly released data from HUD and the Commerce Department.

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Multifamily Decline Brings Overall Housing Starts Down 5.5% in May

Filed in Economics by on June 16, 2017 0 Comments
Multifamily Decline Brings Overall Housing Starts Down 5.5% in May

Led by a decline in multifamily production, nationwide housing starts fell 5.5% in May to a seasonally adjusted annual rate of 1.09 million units, according to newly released data from the HUD and the Commerce Department. Multifamily starts fell 9.7% to a seasonally adjusted annual rate of 289,000 units while single-family production edged down 3.9% to 794,000.

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Housing Production Up 11.3% in December on Multifamily Surge

Filed in Economics, Home Building, Multifamily by on January 19, 2017 0 Comments
Housing Production Up 11.3% in December on Multifamily Surge

A surge in multifamily production resulted in overall nationwide housing starts rising 11.3% to a seasonally adjusted annual rate of 1.23 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family starts dropped 4% to a seasonally adjusted annual rate of 795,000 units.

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Multifamily Weakness Pushes Housing Starts Down 18.7% in November

Filed in Economics, Home Building by on December 16, 2016 0 Comments
Multifamily Weakness Pushes Housing Starts Down 18.7% in November

A sharp decline in multifamily starts pushed overall housing production down 18.7% in November to a seasonally adjusted annual rate of 1.09 million units, according to newly released data from HUD and the Commerce Department. Overall permit issuance was also down 4.7%. “Year-to-date, single-family starts are up 9.6% and the overall trend in this sector […]

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Housing Starts Jump 25.5% in October

Filed in Economics by on November 17, 2016 0 Comments
Housing Starts Jump 25.5% in October

Led by impressive gains in both single-family and multifamily production, nationwide housing starts surged in October to a seasonally adjusted annual rate of 1.32 million units, according to newly released data from HUD and the Commerce Department. Single-family starts reached their highest level since October 2007 while multifamily production jumped 68.8% from the previous month.

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Housing Starts Decline 9% in September on Multifamily Weakness

Filed in Economics by on October 19, 2016 1 Comment

A sharp decline in multifamily production brought overall nationwide housing starts down 9% in September, according to newly released data from HUD and the Commerce Department. However, both single-family production and overall permit issuance posted solid gains.

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Housing Production Hits a Mild Speed Bump in August

Filed in Economics by on September 20, 2016 2 Comments
Housing Production Hits a Mild Speed Bump in August

Nationwide housing starts fell 5.8% to a seasonally adjusted annual rate of 1.14 million units in August, according to newly released data from HUD and the Commerce Department. Overall permit issuance edged 0.4% lower.

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