Tag: builder sentiment

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

U.S. home starts fall 2 percent in January as builder confidence dips due to cold weather

Following up a nice gain in December, housing starts in the U.S. fell 2 percent in January and builder confidence in the market has since dropped due to harsh winter weather conditions. Builders started homes at a seasonally-adjusted annual rate of 1.065 million homes in January, a 19-percent increase over January 2014, according to preliminary data […]

February 18, 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 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