Housing starts rose 3.3 percent in November to a 1.297 million-unit pace after a downwardly revised 1.256 million-unit pace in October. Strength in the West and South pushed single-family starts to a decade high.
Residential Building Up in the South […]
Tag: NAHB
Wells Fargo Reports: December Housing Starts Headline Full of Hubris
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 […]
Wells Fargo Reports: Housing Starts Give Back Much of October’s Spike
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 […]
Wells Fargo Reports: Housing Starts Plunge Unexpectedly in September
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 […]
Wells Fargo Reports: New Home Sales Tumble in July
July new home sales tumbled 13.4 percent, and data for the three previous months were revised significantly lower. July’s drop along with the downward revision left sales 100,000 units below consensus expectations
Are Rising Mortgage Rates Taking a Bite Out of […]