Housing Starts 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...

Latest Housing Starts (December 2014)

Single-family housing starts in December reached their highest monthly activity in nearly 7 years.  Still, the increase is coming off very depressed levels and another 50 percent jump is needed to help relieve a potential housing shortage. Multi-family starts...

Home Price Comparison: New versus Existing

Newly constructed homes are carrying a hefty premium over existing homes.  The gap, which historically had been 15 to 20 percent, has in recent years widened to 30 to 40 percent.  That suggests either existing home prices are much...

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...

At a Glance: Existing Home Sales in October

NAR released a summary of existing home sales data showing that October’s existing home sales is the first year over year gain since October 2013. Additionally, this was the highest annual sales pace since September 2013.  October’s sales rose...