Construction input prices fell 0.5% in November compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for […]
Tag: single family housing
Wells Fargo Reports: Housing Construction Continued to Strengthen in November
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 […]
Wells Fargo Reports:U.S. Home Prices Continue to Hit New Highs
National home prices rose 0.4 percent in February and are up 5.8 percent year over year, according to the S&P CoreLogic Case-Shiller Index. Prices continue to be fueled by a steady uptrend in sales and low inventory.
National Home Prices Edge […]
Wells Fargo Reports: Housing Starts Bounce Back in September
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 […]
Wells Fargo Reports: Housing Starts Plunge in August, but Weakness Expected
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 […]