Tag: starts

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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Multifamily Uptick Pushes Overall Housing Starts Up 2.1% in July

Filed in Economics, Multifamily by on August 16, 2016 3 Comments
Multifamily Uptick Pushes Overall Housing Starts Up 2.1% in July

Nationwide housing starts rose 2.1% in July to a seasonally adjusted annual rate of 1.21 million units, according to newly released data from HUD and the Commerce Department. This is the highest reading since February. Multifamily housing was up 5% to a seasonally adjusted annual rate of 441,000 units in July while single-family production edged up 0.5% to 770,000 units.

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Housing Production Holds Steady in May

Filed in Economics, Home Building by on June 17, 2016 0 Comments
Housing Production Holds Steady in May

Nationwide housing starts were virtually unchanged in May, inching down 0.3% to a seasonally adjusted annual rate of 1.16 million, according to newly released data from HUD and the Commerce Department. Overall permit issuance edged up 0.7% to a seasonally adjusted annual rate of 1.14 million.

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Single-Family Housing Starts Reach Highest Level Since November 2007

Filed in Economics by on March 16, 2016 5 Comments
Single-Family Housing Starts Reach Highest Level Since November 2007

Nationwide housing starts rose 5.2% to a seasonally adjusted annual rate of 1.178 million units in February, according to newly released data from HUD and the Commerce Department. Single-family production increased 7.2% to 822,000 units, its highest level since November 2007, while multifamily starts edged up 0.8% to 356,000 units.

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Housing Starts Fall 3.8% in January

Filed in Economics by on February 17, 2016 0 Comments
Housing Starts Fall 3.8% in January

Nationwide housing starts dropped 3.8% to a seasonally adjusted annual rate of 1.099 million units in January, according to newly released data from HUD and the Commerce Department. Overall permit issuance edged down 0.2%.

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