The good news: August housing starts beat expectations, rising by more than 12 percent from July. The bad news: housing permits fell just as dramatically, lending uncertainty to an already volatile 2022 housing market.
Tag: Housing Starts
July Housing Starts Take Sharp Hit
It already hasn’t been a good week for housing. On Monday, the National Association of Home Builders reported its Housing Market Index fell for the eighth straight month to two-year low. And on Tuesday, HUD and the Census Bureau reported housing starts fell in July by nearly double digits to its slowest pace since 2020.
May Housing Starts Plunge Amid Market Volatility
Housing starts fell sharply in May, HUD and the Census Bureau reported Thursday, as continued market volatility and higher interest rates took a toll on both consumers and home builders.
Multifamily Gives Positive Edge to March Housing Starts
Housing starts improved slightly in March, thanks to a bump in multifamily starts, HUD and the Census Bureau reported Tuesday.
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.
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.
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.
Milder Weather Boosts November Housing Starts
New residential construction benefited from relatively mild November weather, HUD and the Census Bureau reported Thursday.
Housing Starts Fall 3rd Straight Month
Housing starts fell for the third straight month in October, HUD and the Census Bureau reported Wednesday, although multifamily starts picked up, as did housing permits.
MBA Chart of the Week Nov. 5 2021: Single-Family Starts, Residential Construction Workers
This week’s MBA Chart of the Week examines the growth rates of single-family construction and residential construction workers since the trough in home building activity in April 2020.