• Comments on June Housing Starts

    28 days ago - By Calculated Risk

    Earlier: Housing Starts decreased to 1.173 Million Annual Rate in June
    Housing starts in June were disappointing, and starts for April and May were revised down. However this was just one month, 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 down 12.3% in June compared to May, and starts were down 4.2% year-over-year compared to June 2017.
    Both multi-family and single family starts were down year-over-year.
    This first graph shows the month to month comparison for total starts between...
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  • June housing starts down 12.3% vs. down 2.2% est

    June housing starts down 12.3% vs. down 2.2% est

    28 days ago - By CNBC

    CNBC's Rick Santelli breaks down the latest numbers on housing starts and building permits.
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  • Housing Starts decreased to 1.173 Million Annual Rate in June

    Housing Starts decreased to 1.173 Million Annual Rate in June

    28 days ago - By Calculated Risk

    From the Census Bureau: Permits, Starts and Completions
    Housing Starts:
    Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,173,000. This is 12.3 percent below the revised May estimate of 1,337,000 and is 4.2 percent below the June 2017 rate of 1,225,000. Single-family housing starts in June were at a rate of 858,000; this is 9.1 percent below the revised May figure of 944,000. The June rate for units in buildings with five units or more was 304,000.
    Building Permits:
    Privately-owned housing units authorized by building permits in June were at a seasonally...
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