Tag: home starts: Page 4

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

Home starts back on track with 20% jump in April

Thanks to a big April, the start of construction on new homes in the U.S. has fully recovered and then some from a rough winter punctuated by a 16-percent drop in February. Home starts rose 20.2 percent in April to a seasonally adjusted annual rate of 1.135 million, according to preliminary data from the Commerce Department. Starts are […]

May 19, 2015

Home starts recover a bit with 2% gain in March

Despite a very rough February, home builders appear optimistic the worst 2015 has to offer is over as construction starts on new homes edged up in March. U.S. home starts rose 2 percent in March to a seasonally-adjusted annual rate of 926,000, according to preliminary data from the Commerce Department. Despite the monthly boost, March […]

April 16, 2015

Home starts plunge 17% in February as cold weather and worker shortage drop builder confidence

With spring right around the corner, U.S. home builders are certainly looking forward to the warmer temperatures and the official start of the construction season as starts on new homes took a steep plunge in February. Construction on new homes in the U.S. fell 17 percent in February, following a flat January, according to preliminary […]

March 17, 2015

shutterstock_2830627

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

shutterstock_72905284

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

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

shutterstock_72905284

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

shutterstock_110489561

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

shutterstock_55365469

Home starts dive 14.4% in August but homebuilder confidence rises to nearly 9-year high

Another down month in August continued what has been a very up-and-down year for construction of new homes in the U.S., largely thanks to the volatility of new apartment starts. Despite the drop, homebuilder confidence in the market rose to its highest reading since November 2005. Following a gain of 8.6 percent in July, home […]

September 18, 2014

apartment construction

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

shutterstock_55365469

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

shutterstock_110489561

Page 4 of 6