According to theCensus Bureau’s report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.
Category: Housing Starts
Housing Starts Rise In November, But With A High Margin Of Error
The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.
Housing Starts Data Much Better Than The Headlines Would Have You Believe
Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.
Housing Starts Jump In September, Buoyed By Homebuilder Confidence
According to the Commerce Department, the number of single-family Housing Starts increased to 452,000 units in September, a 19,000 improvement over August.
Housing Starts Rise In August, But By Less Than The Headlines Report
The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.
Single-Family Housing Starts Fade In July
Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.
Good News For Sellers : Housing Starts Fall To 1-Year Low In May 2010
Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It’s no wonder home builders are confused.
Housing Starts Rise In April, Exerting Downward Pressure On Home Prices
Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.
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