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Apr 18

Single-Family Housing Starts Slip 0.2% In March

April 18, 2012 By 1 Comment
Housing Starts

Tuesday, the government released its March 2012 New Residential Construction report. The report is made up of three sections, each related to a phase of the "new home" market. The report's first part is Building Permits; the second is Housing Starts; the third is Housing Completions. Of the three sections, it's Housing Starts that gets the most attention from the press -- mostly because, of the triad, it's the simplest for a layperson to understand. However, the manner in which Housing … [Read more...]

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Dec 23

Housing Starts Show Strength In Housing

December 23, 2011 By 3 Comments
housingstarts

The new construction housing market continues to show strength across the country. According to the U.S. Census Bureau, Single-Family Housing Starts rose to 447,000 units on a seasonally-adjusted, annualized basis in November -- a 2 percent increase from October. A "Housing Start" is defined as breaking ground on new home construction. November's figures mark the third straight month of Single-Family Housing Starts gains. The new construction metric is now 15 percent above its … [Read more...]

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Oct 20

Finding Truth In September’s Housing Starts Report

October 20, 2011 By Leave a Comment
octhousingstarts

Headlines in newspapers can be misleading -- especially with respect to housing figures. Media coverage of the most recent Housing Starts data serves as an excellent illustration. Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis. The September reading is the highest monthly reading since … [Read more...]

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Sep 23

Building Permits Rising Nationwide; Housing Starts To Follow

September 23, 2011 By 1 Comment
housingstarts

Single-Family Housing Starts fell for the second consecutive month, dropping to a seasonally-adjusted, annualized 417,000 units in August 2011. A "Housing Start" is defined as a home on which ground has broken. We shouldn't put too much faith in the findings, however. Although housing starts were lower last month, as noted by the Census Bureau, the margin of error in the August Housing Starts report exceeded the actual result. From the official report: August's Published Results : … [Read more...]

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Aug 17

Housing Starts Tick Lower; Building Permits Tick Higher

August 17, 2011 By Leave a Comment
HOUSINGSTARTS

Single-Family Housing Starts fell to a seasonally-adjusted, annualized 425,000 units in July, according to the Census Bureau. A "Housing Start" is defined as a home on which construction has started and ground has broken. Furthermore, Single-Family Housing Starts were revised lower for both May and June of this year, by 6,000 units and 2,000 units, respectively. The data may be worthless, however. Like in most months, the government's official report states that the Housing Starts … [Read more...]

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