The housing market received a jolt of good news Thursday. The Commerce Department reports that Single-Family Housing Starts improved in May.
Tag Archive: Housing starts
Southern Region Sees 5.3 Percent Rise in Building Permits
According to the Census Bureau, seasonally-adjusted, single-family Housing Starts rebounded in March, increasing 8 percent over February’s 2-year low.
Good News For Sellers — Housing Starts Plummet In February
Home prices are based on supply and demand and overall home supply looks headed for a fall. Sellers are poised to regain negotiation leverage.
Single-Family Housing Starts Fell In January, Despite What The Headlines May Have Told You
Annualized Single-Family Housing Starts dropped 1 percent in January to 413,000 units nationwide, it’s lowest reading almost 2 years. The headlines would have you believe otherwise.
Housing Starts Data Much Better Than The Headlines Would Have You Believe
Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.
New Home Sales Unchanged In August; Market Stabilizing
The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer.
Housing Starts Rise In August, But By Less Than The Headlines Report
The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.
May Housing Starts Fall – Pushing Home Prices Higher
Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It’s no wonder home builders are confused.
Housing Starts Rise In April, Exerting Downward Pressure On Home Prices
Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.
Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires
A Housing Start is a new home on which construction has started and, over the last 6 months, home builders are averaging one half-million starts per month. This marks the highest 6-month average since 2008 and a reading one-fifth percent better from 12 months ago. Revisions to prior data have all been higher, too.
