Tag: multi-family home starts

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 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

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 jump 25% in October with surge in multi-family building

Following two consecutive months of decreases, construction starts on homes in the U.S. jumped 25 percent in October largely due to a huge increase in multi-family starts. Home starts are at a seasonally-adjusted annual rate of 1.323 million, an increase of 23 percent over the October 2015 level, according to preliminary data from the Commerce […]

November 17, 2016

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

Business

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