Construction Archive

Latest Housing Starts in January 2015

New home construction activity in January was notably higher versus one year ago.  But the momentum stalled as month-to-month activity fell even after accounting for normal winter seasonal factors.  Overall assessment is that new home construction is still woefully...

Rebounding Building Permit Activity

In which metro areas has building permit activity returned to the pre-bubble level? Building permits have trended up during the past several months indicating that U.S. residential construction will likely strengthen in 2015. Since building permits are an important...

Latest Housing Starts

New home construction activity declined slightly in the latest month.  However, the overall annual figure is likely to show an 8 percent gain for 2014. Specifically, housing starts fell 1.6 percent in November from the prior month.  Though a...

The Latest Housing Starts (September 2014)

Homebuilders were busier in September, digging more dirt and ready to bring more new homes to the market.  But construction was tilted towards multifamily apartment units.  Single-family home construction still remains well below historical norms.  A housing shortage is...

The Latest Housing Starts

Total housing starts surged 15.7% from June to July to 1.093 million in July.  This is the highest pace since November of 2013.  The bulk of the increase came from the multifamily sector, but there was solid growth on...