Tag: home construction

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

Construction spending up 0.1% in July

July sees construction spending grow slightly in July. Growth in residential wiped out increases by a decline in nonresidential. Click for details.

September 4, 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

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

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 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

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

U.S. home starts drop 9% in September on big drop in multi-family

Despite a jump in single-family starts, overall construction starts on new homes in the U.S. fell for a second consecutive month in September, dropping 9 percent to a seasonally-adjusted annual rate of 1.047 million homes. Home starts are down 12 percent from the September 2015 rate, according to preliminary data from the Commerce Department. An 8.1-percent […]

October 19, 2016

Business

Builder confidence jumps in August despite 5.8% drop in home starts

The start of construction on homes in the U.S. fell 5.8 percent during August to a seasonally adjusted annual rate of 1.142 million, according to preliminary data from the Commerce Department. Declines in both single- and multi-family housing units brought on the monthly decline. However the rate remains 0.9 percent above the August 2015 figure. […]

September 20, 2016