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Tag: homebuilders
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
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
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
Business
U.S. home starts fall 6.2% in March
Construction on new homes in the U.S. fell in March with declines ing both single- and multi-family starts. Total home starts fell 6.8 percent to a seasonally-adjusted annual rate of 1.215 million, according to preliminary data from the Commerce Department. Total starts remain 9.2 percent above the March 2016 figure. Single-family starts fell 6.2 percent to […]
April 19, 2017
Business
Home starts drop in January as multi-family units settle from surge
The start of construction on new homes in the U.S. fell during January due to a drop in multi-family units. Total home starts fell 2.6 percent to a seasonally adjusted annual rate of 1.246 million but remain up 10.5 percent over the January 2016 rate, according to preliminary data from the Commerce Department. This latest data […]
February 16, 2017
Business
Construction adds 36,000 jobs; home starts end 2016 on strength of multi-family units
The latest data from the federal government indicate increases in both construction employment and the start of construction on new homes. The U.S. construction industry added 36,000 jobs in January and now employs 6.809 million Americans, according to preliminary data from the Labor Department. The figure represents a 2.5-percent increase over the January 2016 employment total […]
February 6, 2017
Business
U.S. home starts up 10.5% as labor, lot costs continue to worry builders
The start of construction on homes in the U.S. rebounded in November with gains in both single-family and apartment construction. Following a down October, home starts were up 10.5 percent to a seasonally-adjusted annual rate of 1.173 million in November, according to preliminary data from the Commerce Department. The total is 16.5 percent above the November […]
December 16, 2015
Business
U.S. home starts fall 11% in October; builder confidence dips first time in 5 months
With the start of construction on both single-family homes and apartment complexes down in October, total U.S. home starts fell 11 percent during the month. Home starts fell to a seasonally-adjusted annual rate of 1.060 million, according to preliminary data from the Commerce Department. That total is down 1.8 percent over the same time last year. […]
November 18, 2015
Safety
Worker killed in excavator accident on San Jose jobsite
A construction worker on a residential jobsite near San Jose was killed earlier this month when he was hit by an excavator. According to a report from the San Jose Mercury News, 24-year-old Andres Alvarez Esquivel was working as part of a crew building a home in Almaden Valley when he was hit by the bucket of […]
October 22, 2015
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