Housing Starts Archive

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...

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...