Housing Starts Give Spring Home Buying Season Early Momentum

These days, is there really a spring home buying season? Especially when every month feels like buyers are knocking down every available door? Even, so, the New Residential Construction report from HUD and the Census Bureau portends what could be an even busier period for the housing market.

Construction Posts 6th Straight Monthly Gain

Monthly construction spending started the year strongly, increasing for the sixth consecutive month, the Census Bureau reported Tuesday.

January New Home Sales Down 4.5%

January new home sales fell by 4.5% amid supply chain and inventory shortages, HUD and the Census Bureau reported Thursday.

January Housing Starts Down 4.1%

Housing starts stumbled out the gate in January amid ongoing supply chain issues and labor shortages, HUD and the Census Bureau reported Thursday.

Homeownership Rate Holds Steady; Vacancy Rates Hit 38-Year Low

The nation’s homeownership rate held relatively steady at 65.5 percent in the fourth quarter, the Census Bureau reported this week. But analysts said the rate could be somewhat higher, given the current shortage of homes available for sale.

2021 Construction Spending Up 9%

Construction spending slowed a bit in December, but finished the year on a strong note, the Census Bureau reported Tuesday.

New Home Sales Finish 2021 on Solid Ground, But Down for Year

New home sales rose by nearly 12 percent in December, the highest level since last March, HUD and the Census Bureau reported Wednesday. Despite the improved numbers, however, sales were off from a year ago and 2021 sales fell by more than 7 percent from 2020.

Housing Starts End Year on Positive Note

Housing starts posted a modest increase in December, HUD and the Census Bureau reported Wednesday, and jumped by nearly 16 percent from a year ago.