Housing starts jumped 14.8 percent between October and November to a seasonally adjusted annual rate of 1.56 million. That’s 9.3 percent higher than they were in December 2022.
Source: Inman News
Housing starts defy expectations, surge to highest point since May
More from builder sentimentMore posts in builder sentiment »
- Does this new housing data foreshadow a recession?
- Housing starts plunge 10% in May to lowest level since 2020
- New-home sales climb nearly 11%, but figures may be ‘overestimated’
- Builders pull back from new construction once again in April
- Tariff threats prompt builders to pump brakes on new construction
More from census bureauMore posts in census bureau »
More from housing startsMore posts in housing starts »
- The American homeownership dream is primed for a comeback
- Fannie Mae dials back sales expectations by 220K homes
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- New residential sales drop nearly 14% in May, their sharpest in 3 years
More from Markets & EconomyMore posts in Markets & Economy »
- 53% of US homes lost value from 2024 — but it’s not a crash
- 8 reasons you should never recommend a 50-year mortgage
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
More from nahbMore posts in nahb »
More from SelectMore posts in Select »
Be First to Comment