-
Leaders expect builders to seek prefab solutions as framers could be in short supply.
-
-
Single-family permits were also up, while multifamily permits retreated from March’s surge.
-
Things were definitely moving in the right direction for multifamily starts last year.
-
Local improvement, however, will depend on how quickly foreclosures dissolve.
-
Starts, on the other hand, declined for the second consecutive month.
-
While single-family starts were down in February, permit activity was at the highest level seen in years.
-
January’s report was influenced by better-than-normal weather.
-
Last year set quite a few records for the home building industry—just not the kind anyone wants to celebrate.
-
Single-family numbers were also up in November, a sign that the sector may finally be coming up from the bottom.
-
In October, permits came in at the highest level seen in 19 months.
-
The multifamily market’s dramatic jump in starts was tempered by fewer permits, leaving the direction of the housing market about the same.
-
Mark Vitner expects housing starts to begin growing again next year.
-
New-home construction fell to a three-month low in August, driven down by big drops in the multifamily sector, the often volatile Northeast and in single-family building in the Midwest. The Commerce Department said Tuesday that starts in August were at a seasonally adjusted annual rate of 571,000...
-
Forecasts are showing gradual recovery over the next two years.
-
While multifamily's permit numbers were the third highest in the last 30 months, single-family permits logged the 12th lowest number on record.
-
Builders started fewer houses in July and pulled permits for even fewer, the Commerce Department reported Tuesday. The data was roughly in line with Wall Street expected. Starts in July dropped 1.5% from June to a seasonally adjusted annual rate of 604,000, 9.8% above the pace of a year earlier...
-
The Census reports improved housing numbers in June driven mostly by multifamily construction.
-
Housing starts in June jumped to a seasonally adjusted annual rate of 629,000, 14.6% ahead of a revised May estimate of 549,000 and 16.7% above the June 2010 rate of 539,000, the Commerce Department reported Tuesday. The percentage increase was boosted significantly by the May revision, which was...
-
May’s numbers reflect a larger shift from owning to renting, says economist Patrick Newport.