Housing Starts Leap in May

Privately owned housing starts in May hit a seasonally adjusted annual rate of 1,631,000, the Census Bureau and Department of Housing and Urban Development jointly reported Tuesday.

April Housing Starts Up 2.2%

Housing starts posted a modest increase in April, the Census Bureau and HUD reported Wednesday.

March Construction Spending Up 0.3%

Construction spending in March rose by 0.3 percent from February and by nearly 4 percent from a year ago, the Census Bureau reported Monday.

With Homeowners Sitting, Buyers Turn to New Homes

March new home sales jumped by nearly 10 percent from February, HUD and the Census Bureau reported Tuesday, as home buyers turned away from existing home sales.

MBA Chart of the Week, Apr. 14, 2023: Number of Homes Available for Sale

MBA’s forecast calls for a gradual recovery in home purchase activity in the second half of 2023, driven by some catch-up buying from 2022 when mortgage rates surged and by younger age cohorts entering homeownership. However, this recovery will be dependent on affordability conditions improving

Construction Spending Dips in February

The Census Bureau on Monday reported construction spending in February dipped to a seasonally adjusted rate of $1,844.1 billion, 0.1 percent below the revised January estimate of $1,845.4 billion. The …

February Housing Starts Up Nearly 10%

February housing starts, permits and completions posted near double-digit percentage increases, ending five months of declines, HUD and the Census Bureau reported Thursday.