Tag: National Association of Home Builders/Wells Fargo builder sentiment index

Business

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

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

Business

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

Business

U.S. home starts fall 2 percent in January as builder confidence dips due to cold weather

Following up a nice gain in December, housing starts in the U.S. fell 2 percent in January and builder confidence in the market has since dropped due to harsh winter weather conditions. Builders started homes at a seasonally-adjusted annual rate of 1.065 million homes in January, a 19-percent increase over January 2014, according to preliminary data […]

February 18, 2015

Business

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

Business

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

Business

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

Business

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

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