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Tag: home starts: Page 5
Business
Rochester sees increase in female home builders as industry rebounds
Women are having a big impact on the housing market in Rochester, New York, and not in the traditional sense. The city has seen a sizable increase in the number of home development firms led by women. According to a report from the Democrat & Chronicle, two of the seven homes recently shown at a showcase […]
July 28, 2014
Business
Home starts fall 9.3% to 9-month low in June, but builder confidence is on the rise
After gains in Spring jumpstarted what many hoped would be a high-activity construction season following a harsh winter, construction on new homes in the U.S. was down for the second consecutive month in June. Home starts fell 9.3 percent last month to a seasonally adjusted annual rate of 893,000—the lowest pace in nine months. The Commerce […]
July 17, 2014
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
Home
Home starts jump 13.2% in April as apartment construction soars
The construction of new homes in the U.S. jumped 13.2 percent during April due to warmer temperatures and a huge rise in apartment construction. Builders started new homes at a seasonally adjusted annual rate of 1.072 million, up from March’s revised rate of 947,000. March’s figure was revised upward from the original estimate of 946,000. […]
May 16, 2014
Business
Despite slow start to 2014 and concerns, top construction economists forecast growth in spending and jobs
The outlook from respected economists in the construction industry continues to be mixed as all the elements for growth are there but several factors could limit or hurt the industry’s ongoing recovery. Bernard Markstein, chief economist at Reed Construction Data, Kermit Baker, chief economist at the American Institute of Architects and Ken Simonson, chief economist […]
April 17, 2014
Business
Home starts up 2.8% in March, builder confidence up slightly
Home starts rose 2.8 percent in March due to an increase in single-family homes, signaling what many analysts hope to be an end to construction slowdowns caused by the harsh winter weather. U.S. home starts rose to a seasonally adjusted annual rate of 946,000 from February’s revised rate of 920,000. February’s figure was revised upward […]
April 16, 2014
Business
Housing starts fall 16% in January after major revision to December estimate
Housing starts in the U.S. suffered a large fall in January, according to preliminary data from the Commerce Department. Housing starts were at a seasonally-adjusted annual rate of 880,000, 16 percent below the revised December estimate of 1.048 million. The January figure is 2 percent below the January 2013 figure of 915,000. That December figure […]
February 19, 2014
Business
Housing starts fall 10% in December, capping off best year since 2007
Following the largest monthly gain in 24 years in November, housing starts fell back to earth in December. Housing starts were at a seasonally adjusted annual rate of 999,000 in December, according to data from the Commerce Department. That’s a 10 percent drop from November’s revised estimate of 1.017 million. December’s drop was the largest since […]
January 17, 2014
Home
No. 2 in 2013: Construction employment and housing starts hit multi-year highs
It took a bit of time, but it looks like our industry is finally starting to hit its stride as it recovers from the recession. While both statistics saw a few ups and downs this year, the latest reports on housing starts and employment available before the end of this year show strong improvements over […]
December 30, 2013
Business
Housing starts soar 22.7% in November to nearly 6-year high
Greatly defying expectations, U.S. housing starts soared in November to heights rarely seen since the housing collapse in 2006. Housing starts jumped 22.7 percent in November to a seasonally adjusted annual rate of 1.091 million, according to data from the Commerce Department. That’s the highest monthly gain since January 1990 and only the second time […]
December 18, 2013
Business
Building permits up in October, but government delays housing starts data for second month due to shutdown
Though the Commerce Department won’t release data on housing starts and completions until next month, it reports that building permits saw a sizable gain in October. Placing blame on the 16-day partial shutdown of the federal government during October, the Commerce Department says it won’t have the data for home starts and completions for the […]
November 26, 2013
Business
No housing, construction jobs or spending reports until government shutdown is over
Though we had a ton of news coming in to the site last week thanks to the big ICUEE 2013 show in Louisville, one story we didn’t have was the latest on job numbers in the construction industry. That’s because the government provides those numbers and, as we’re sure you’re aware, the government is shut […]
October 7, 2013
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