Housing starts rose by 5.8% to an annualized rate of 1.67 million in December, ending the year as one of the strongest in a decade. And housing permits, an indicator of future activity, increased as well, by 4.5% to an annualized rate of 1.7 million in December. … READ MORE >
housing permits
CHART OF THE DAY: Homes for the holidays
Nine months into the pandemic, demand for single-family homes, buoyed by historically low interest rates, continues to soar. Confidence among builders remains high, with the National Association of Home Builders index coming in at 86 for December. … READ MORE >
CHART OF THE DAY: Anticipation of pandemic demand for single-family homes
Housing starts rose in September by 1.9% to a seasonally adjusted annual rate of 1.4 million, the Commerce Department reported on Tuesday. … READ MORE >
CHART OF THE DAY: Housing starts decline 5.1%
Housing starts declined 5.1% month over month in August, while forward-looking building permits held steady with a slight decline of .9%, the Commerce Department reported on Thursday. … READ MORE >
Housing remains a leader in the economic recovery
Housing continues to be a bright spot in the economy, with housing starts jumping 17.3% in June and housing permits rising 2.1% — the second straight month of gains . … READ MORE >
What’s behind the resurgent housing market
With the onset of coronavirus, a wave of uncertainty overtook the housing market and brought a swift halt to home sales and home building in March and April. But trends in May and June have shown that housing may be in midst of a V-shaped recovery. … READ MORE >
Housing was set to soar. Then the coronavirus hit.
Housing starts fell 1.5% in February, to a seasonally adjusted annual rate of 1,599,000, which is less than anticipated as forecasters projected a 4.3% decline. … READ MORE >