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Housing Starts Dip Five Percent in August
Nationwide housing starts declined five percent to a seasonally adjusted annual rate of 571,000 units in August, according to figures released by the U.S. Commerce Department. The decline was primarily...
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New Home Sales Record Third Consecutive Month of Gains
Sales of newly built, single-family homes edged up 1.6 percent to a seasonally adjusted annual rate of 315,000 units in November, according to newly released figures by the U.S. Commerce Department....
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Home Price Rebounds Propel Market Recovery
Sparked by rising home prices across much of the nation, the housing recovery is now under way, but fiscal uncertainties and other challenges could result in a bumpy ride in the coming months,...
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Housing Starts Up 12.1 Percent in December
Solid gains in both single-family and multifamily housing production resulted in nationwide housing starts rising 12.1 percent to a seasonally adjusted annual rate of 954,000 units in December,...
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Housing Starts Projected to Post Double-Digit Gains
Buoyed by rising home prices throughout much of the nation, both single-family and multifamily housing starts are expected to post double-digit gains over last year in 2013. However, headwinds continue...
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Single-Family Homes Rise 2.3 Percent in April
Sales of newly built, single-family homes rose 2.3 percent to a seasonally adjusted annual rate of 454,000 units in April, according to newly released figures from HUD and the U.S. Census Bureau. The...
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Single-Family Home Sales Rise for Third Consecutive Month
Sales of newly built, single-family homes rose for a third consecutive month in May, posting a 2.1 percent gain to a seasonally adjusted annual rate of 476,000 units, according to data released by HUD...
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Housing Recovery to Gain Momentum in 2014
With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according...
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Census Spots 6.2 Percent Increase in Building Permits
Issuance of new building permits rose 6.2 percent to a seasonally adjusted annual rate of 1.034 million units in October due primarily to a double-digit increase on the multifamily side, the U.S....
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NAHB: Housing Market to Follow Upward Trajectory Through 2015
A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer...
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