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Tag: housing market
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 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
Construction spending up 1.8% in April on multi-family housing strength
Total spending on construction projects in the U.S. rose 1.8 percent during the month of April, according to the latest Commerce Department data.
June 4, 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, 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
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 down slightly in May but builders have optimistic outlook
Starts on new homes in the U.S. were down 0.3 percent in May from the previous month despite gains in both single- and multi-family homes. Total starts fell to a seasonally adjusted annual rate of 1.164 million in May but remain up 9.5 percent over the May 2015 mark. Single-family home starts rose 0.3 percent […]
June 17, 2016
Business
Home starts up in April but down year over year due to multi-family drop
U.S. home starts grew by 6.6 percent during April on gains from both single- and multi-family units, but the year-over-year count is down due to starts on apartments dropping from the April 2015 figure. Total starts increased in April to a seasonally-adjusted annual rate of 1.172 million. That figure is down 1.7 percent from the April 2015 figure. […]
May 24, 2016
Business
Home starts fall 9% in March as builder confidence holds steady
With sizable drops on the start of construction of both single-family and multifamily homes in March, total U.S. home starts fell 8.8 percent for the month. The seasonally adjusted annual rate of starts fell to 1.089 million, according to preliminary data from the Commerce Department, but remain up 14.2 percent over the March 2016 figure. Single-family […]
April 19, 2016
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