Digging for Dirt
Housing starts fell 5.5 percent in May, with both single-family and multifamily starts declining. Permits also fell, suggesting that starts are likely to languish near their current levels for another few months.
Explaining Away Weakness Is Getting Old
Housing starts once […]
Housing starts tumbled 18.7 percent in November but October’s previous reported 25.5 percent spike in starts was revised higher to 27.4 percent. Permits fell 4.7 percent but remain at a healthy 1.2-million unit pace.
Mild Fall Weather Leads To Volatile Monthly […]
Following a sharp decline in August, housing starts fell to its lowest level since early-2015 in September. The decline was concentrated in multifamily, while single-family rebounded. Permits jumped 6.3 percent.
Headline Starts Falter, but Permits Point to Gains
Consensus estimates […]
Housing starts rose 6.3 percent in September, pulling the annual pace of new home construction back above the 1 million mark. Permits also increased during the month and are now running roughly even with starts. Housing Construction Remains on the […]
Housing starts plummeted 14.4 percent in August, following an upward revision to the previous month’s data.
The volatile multifamily component fell a whopping 31.7 percent, while single-family was down 2.4 percent.
Starts Drop in August
Housing starts came in much weaker than […]