• Comments on July Housing Starts

    1 month ago - By Calculated Risk

    Earlier: Housing Starts at 1.168 Million Annual Rate in July
    Housing starts in July were disappointing once again, and starts for May and June were revised down. However this was just the second month of disappointing starts, and most of the decline was in multi-family starts that are volatile month-to-month.
    The housing starts report released this morning showed starts were up 0.9% in July compared to June , and starts were down 1.4% year-over-year compared to July 2017.
    Multi-family starts were down 9.6% year-over-year, and single family starts were up 2.7% year-over-year.
    This first...
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  • Housing Starts at 1.168 Million Annual Rate in July

    Housing Starts at 1.168 Million Annual Rate in July

    1 month ago - By Calculated Risk

    From the Census Bureau: Permits, Starts and Completions
    Housing Starts:
    Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,168,000. This is 0.9 percent above the revised June estimate of 1,158,000, but is 1.4 percent below the July 2017 rate of 1,185,000. Single-family housing starts in July were at a rate of 862,000; this is 0.9 percent above the revised June figure of 854,000. The July rate for units in buildings with five units or more was 303,000.
    Building Permits:
    Privately-owned housing units authorized by building permits in July were at a...
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  • New housing starts and permits tick upward, easing low inventory woes

    New housing starts and permits tick upward, easing low inventory woes

    1 month ago - By Inman

    In the month of July, privately owned housing starts were at a seasonally adjusted rate of 1,168,000 - 0.9 percent above the June rate but 1.4 percent below the July 2017 rate.
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  • US housing starts ticked up just 0.9 percent in July, a sign that higher costs might be weighing on homebuilders

    1 month ago - By Chron

    WASHINGTON - US housing starts ticked up just 0.9 percent in July, a sign that higher costs might be weighing on homebuilders.
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  • US housing starts rose a slight 0.9 percent in July

    1 month ago - By Chron

    WASHINGTON - U.S. housing starts ticked up just 0.9 percent in July, a sign that higher construction costs might be weighing on homebuilders.
    The Commerce Department says that housing starts last month rose to a seasonally adjusted annual rate of 1.17 million, not nearly enough to reverse the steep 12.9 percent plunge seen in June as rising lumber, land and labor expenses appeared to constrain new construction.
    Still, housing starts have risen 6.2 percent year-to-date. Solid job growth and a dearth of existing homes for sales have increased demand for new properties.
    Ground breaking fell...
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