Digging for Dirt
Expect Starts of 1.3 Million in 2020, as Conditions Remain Conducive to Growth
Despite a slow start in 2019, building has picked up during the second half of the year, and we think the momentum will continue in 2020. Contractors are […]
Housing starts fell 4.8 percent to a 1.16 million-unit pace in July. Weakness was largely concentrated in multifamily, which fell 15.3 percent, while single-family slipped 0.5 percent. Permits fell 4.1 percent.
Single-Family Starts Better Than Monthly Print Implies
At first glance, today’s […]
Housing starts fell 6.8 percent in March after a much stronger February pace than first reported. The springconstruction season got a strong start this year, with year to date housing starts up 8.1 percent from 2016
Mild Weather Pulled Construction Forward […]
Housing starts jumped 11.3 percent in December, ending the year at a 1.226 million unit pace. Multifamily starts surged, while single-family posted its second weak monthly reading. Permits fell during the month.
Solid December Report, but Payback Is in the […]
Housing starts tumbled 8.8 percent in March to a 1.09 million-unit rate, led by a 9.2 percent decline in single- family starts. Building permits also slipped on the month and are now running in line with the pace of starts.
Homebuilding […]