New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census…
Posts published in “New Residential Construction report”
April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Source: Inman News
Multifamily housing starts fell 9.8 percent, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4 percent month over month, according to…
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains. Source:…
Privately owned housing starts beat expectations in August, while single-family starts declined by nearly 3 percent, according to data issued Tuesday by the U.S. Census…
The increase in housing starts is a welcome gift, but experts say builders aren’t yet betting recent improvements in materials costs are here to stay…