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Tag: home starts
Business
U.S. home starts fall 5.3% in Sept.; materials cost, affordability still worrying builders
The U.S. construction industry saw a 5.3% decline in new home starts in September 2018. Despite the decline, homebuilders still optimistic about housing market.
October 18, 2018
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
U.S. home starts tick up in July as permitted units not started hit 10-year high
After experiencing low construction rates in June, U.S. home starts rose 9% in July. Get the details on single-family & multi-family home starts today.
August 16, 2018
Business
U.S. home starts tumble 12% to 9-month low
Despite the drop and worry over tariffs and costs, builder confidence in the housing market has remained at a "healthy level". Details on Equipment World.
July 18, 2018
Business
Despite April’s decline in starts, homebuilder confidence remains strong due to growing demand for single-family homes
Along with home starts, builder confidence in the housing market, measured by the NAHB/Wells Fargo Housing Market Index, rose high in the latest index.
May 16, 2018
Business
Home starts up 1.9% in March with multi-family jump
Construction starts on new U.S. home rose 1.9 percent in March to a seasonally adjusted annual rate of 1.319 million homes, according to data from the Commerce Department. Home starts are now 10.9 percent above the March 2017 rate. The March growth was fueled by a 16.1-percent jump in multi-family home starts which are up […]
April 17, 2018
Business
Home starts kick off 2018 with 7.3% jump
The start of construction on new homes in the U.S. rose 7.3 percent in January to a seasonally adjusted annual rate of 1.326 million homes. The jump in starts more than makes up for the 7-percent drop seen in home starts at the end of 2017 where the rate of construction fell from 1.299 million […]
February 20, 2018
Business
Home starts dip, as builder confidence is shaken by recent storms
The start of construction on new homes in the U.S. fell 0.8 percent during the month of August due to a decrease in multi-family starts. Meanwhile, single-family starts are approaching a 20 percent year-over-year improvement. Despite the strength in single-family, the NAHB reports that builder confidence has fallen due to uncertainty caused by Hurricanes Harvey […]
September 20, 2017
Business
Home starts up, builder confidence down with mounting concerns over lumber costs
The start of construction on new homes in the U.S. rose 8.3 percent during the month of June on solid gains from both the single-family and multi-family markets. And though demand for new homes is still strong, builders say the rising cost of materials has them concerned. Home starts rose to a seasonally-adjusted annual rate […]
July 21, 2017
Business
Housing starts dip 5.5% in May with big drop in multi-family
The start of construction on new homes in the U.S. fell 5.5 percent in May to a seasonally adjusted annual rate of 1.092 million homes, according to the latest estimates from the Commerce Department. Total starts are down 2.4 percent from the May 2016 estimate, largely due to a decrease in the number of multi-family […]
June 19, 2017
Dealers
Business Roundup: Strongco Q1 revenues down; Parrot thermal imaging drone; Kubota Engine opens tech training center; Rental revenue targets $49.4B for 2017; U.S. home starts fall
Strongco Q1 revenues drop 8.8%, earnings sink 18.9% Equipment dealer Strongco Corporation’s first quarter 2017 revenues fell to $83.2 million according to its most recent financial report, representing an 8.8 percent decrease compared to the same period the year before. Earnings before interest, tax, depreciation and amortization (EBITDA) dropped to $4.3 million, a decrease of […]
May 23, 2017
Business
U.S. home starts fall 2.6% in April
A dip in the start of construction on multifamily homes wiped out a small gain in single-family homes in April, bringing total U.S. home starts down 2.6 percent. Total starts fell to a seasonally adjusted annual rate of 1.172 million but remain up 0.7 percent from the April 2016 figure, according to preliminary data from the […]
May 16, 2017
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