Tag: housing: Page 2

Home

Home starts up 6.5% in September while builder confidence reaches boom-level high

Following two months of declines, the U.S. homebuilding market rebounded and then some in September due to a surge in apartment starts. Home starts rose 6.5 percent during the month to a seasonally adjusted average of 1.206 million, according to preliminary data from the Commerce Department. That total is up 17.5 percent over the same […]

October 20, 2015

Business

Home starts jump 9.8% as apartment construction reaches 28-year high

Thanks to a surge in new apartments, May’s decrease in home construction starts was followed up by a sizable increase in June. Construction on new homes jumped 9.8 percent in June to a rate of 1.174 million, according to preliminary data from the Commerce Department. The rate represents a 26.6-percent increase over June 2014 and the […]

July 17, 2015

Business

Home starts tumble 11.1 percent in May following April’s big jump

Large ups and downs in the rate of new home construction have become somewhat of a trend halfway through the year as U.S. home starts fell 11.1 percent following the largest monthly gain in 24 years in April. Home builders began construction on homes at a rate of 1.036 million in May, according to preliminary data […]

June 16, 2015

Business

With December bump, U.S. home builders started 9% more homes in 2014

Despite an up and down year heavily-influenced by apartment construction, home builders in the U.S. began work on more new homes in 2014 than the previous year. During December, starts on both single-family homes and apartments rose 4.4 percent to a rate of 1.043 million, according to preliminary data from the commerce department. The final tally for […]

January 21, 2015

Business

Home starts fall 1.6% in November as builder confidence slips

The rate of construction on new single family homes fell in November and with it went the rate of all U.S. home starts for the month. Construction on single- and multi-family homes fell 1.6 percent in November to a seasonally adjusted annual rate of 1.028 million, according to preliminary data from the Commerce Department. The latest report […]

December 16, 2014

Business

Home starts dip 2.8% in October as builder confidence clicks back up

U.S. home starts fell 2.8 percent in October to a seasonally adjusted annual rate of 1.009 million, according to preliminary data from the Commerce Department. The latest report also revised the September rate upward from 1.017 million to 1.038 million. Home starts in the U.S. are now up 7.8 percent over October 2013. For the last […]

November 19, 2014

Business

Home starts rise 6.3% in September as homebuilder confidence falls back to earth

The month-to-month volatility of new U.S. housing starts continued in September, while homebuilder confidence in the market saw its first dip in four months. Following a 13-percent drop in August, construction on new homes in the U.S. rose 6.3 percent in September to a seasonally adjusted annual rate of 1.017 million, according to preliminary data […]

October 20, 2014

Business

Construction spending dips 0.8% in August due to fall in nonresidential

U.S. construction spending saw its second dip of the year in August, falling 0.8 percent. Spending was at a seasonally adjusted annual rate of $961 billion in August, according to preliminary estimates in a report from the Commerce Department. In addition to August’s dip, the report revised downward the rates for the previous two months […]

October 1, 2014

Business

Is construction “dead in the water”? Greenspan comment highlights industry’s mixed feelings about recovery

Despite many positives in the industry right now, Alan Greenspan is pointing a finger of blame in construction’s direction. According to a report from Bloomberg, Greenspan, who served as chairman of the Federal Reserve between 1987 and 2006, said Tuesday the U.S. economic rebound from the recession that ended five years ago has been held […]

September 10, 2014

Construction Equipment

11-year-old boy arrested for doing $10,000 damage to construction site

Vandalism on construction sites is an unfortunately common intrusion that contractors everywhere have to deal with every once in a while. But very few are the handiwork of a grade-schooler like one recent incident in Sioux Falls, South Dakota. On the morning of August 12 a crew building a series of one bedroom homes arrived […]

August 18, 2014

Business

Rochester sees increase in female home builders as industry rebounds

Women are having a big impact on the housing market in Rochester, New York, and not in the traditional sense. The city has seen a sizable increase in the number of home development firms led by women. According to a report from the Democrat & Chronicle, two of the seven homes recently shown at a showcase […]

July 28, 2014

Business

Home starts fall 6.5% in May as apartment construction and permits slow

May represented a down month for residential construction in the U.S. as both home starts and permits decreased. U.S. home construction starts fell 6.5 percent in May as new construction on both single-family homes and apartments saw sizable declines. Builders started new homes at a seasonally adjusted annual rate of 1.001 million, down from April’s […]

June 17, 2014