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Tag: single-family construction
Business
U.S. home starts jump 9% in August on surge from multi-family
The rate of construction starts on new homes rose 9.2 percent in August due to an increase in the rate for multi-family homes. More info on Equipment World.
September 20, 2018
Business
Home starts up in July with jump in multi-family construction
With a 2.1-percent month-to-month increase, U.S. home starts rose in July on the strength of multi-family construction gains. Home starts rose to a seasonally adjusted annual rate of 1.211 million during the month, a 5.6-percent increase over the July 2015 rate, according to preliminary data from the Commerce Department. Single-family home starts were up 0.5 […]
August 16, 2016
Business
Home starts up in April but down year over year due to multi-family drop
U.S. home starts grew by 6.6 percent during April on gains from both single- and multi-family units, but the year-over-year count is down due to starts on apartments dropping from the April 2015 figure. Total starts increased in April to a seasonally-adjusted annual rate of 1.172 million. That figure is down 1.7 percent from the April 2015 figure. […]
May 24, 2016
Business
Home starts fall 9% in March as builder confidence holds steady
With sizable drops on the start of construction of both single-family and multifamily homes in March, total U.S. home starts fell 8.8 percent for the month. The seasonally adjusted annual rate of starts fell to 1.089 million, according to preliminary data from the Commerce Department, but remain up 14.2 percent over the March 2016 figure. Single-family […]
April 19, 2016
Business
Home starts rise in February with single-family jump to 8-year high
Construction on single-family homes rose during February to its highest level since November 2007, pushing total U.S. home starts for the month up 5 percent. Starts rose to a seasonally adjusted annual rate of 1.178 million during February representing a 31-percent increase over the February 2015 figure, according to the National Association of Home Builders […]
March 17, 2016
Business
December dip in home starts doesn’t derail market’s momentum, but concerns remain
Despite ending the year on an unexpected sour note, the U.S. housing market had its best year since 2007 in 2015. According to preliminary data released from the Commerce Department, U.S. home starts fell 2.5 percent in December to 1.149 million. The dip came as a surprise to industry analysts especially after a strong Novemeber […]
January 21, 2016
Business
Home starts drop 3% in August; builder confidence still on the rise
U.S. home starts were down in August with decreases in both single-family and apartment homes. The start of construction on new homes fell 3 percent during the month to a seasonally adjusted annual rate of 1.126 million, according to preliminary data from the Commerce Department. The new data also revised the July rate downward, from the […]
September 18, 2015
Business
Economists hail construction as strongest sector of U.S. economy
With construction spending at a 7-year high, single-family home starts up 19 percent year over year, and hiring at pre-recession highs despite a widespread shortage of skilled workers, it’s no secret within the industry that things have picked back up and then some. And though financial analysts have largely taken a wait-and-see approach before hailing the […]
September 16, 2015
Business
Home starts up 0.2% in July as single-family gains offset big drop in apartments
A jump in single-family home construction starts offset a big drop for apartments as total U.S. home starts edged slightly upward in July. Construction on new homes rose 0.2 percent in July to a rate of 1.206 million and is up 10.1 percent from July 2014, according to preliminary data from the Commerce Department. Homes […]
August 18, 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 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 jump 15.7% in July as builder confidence strengthens
It would appear that despite a couple of rough months, homebuilder confidence in the U.S. housing market was not misplaced. Following two months of decreases, construction on new homes in the U.S. made up quite a bit of ground in July, rising to the second highest level this year. Home starts rose 15.7 percent last […]
August 19, 2014
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