Items Tagged with 'Housing starts'

ARTICLES

  • Housing starts ticked up in July

    Single-family housing starts climbed to 862,000 in July
    Housing starts slightly increased a bit in July, according to the latest report from the U.S. Census Bureau. PricewaterhouseCoopers Principal Scott Volling said that homebuilders are being affected by a slight increase in inventory.
    Read More
  • The No. 1 U.S. market just got more affordable

    Builders focusing on more affordable housing
    Affordability continues to drop as home prices and interest rates rise and homebuyer demand grows. But in one market, the price for new homes just dropped, making it just a little more affordable for first-time homebuyers. Here’s why.
    Read More
  • Housing starts drop 12.3% in June

    Labor and supply holding construction back
    Housing starts fell 12.3% in June, indicating tariffs and taxes are a deterrence to continual growth, according to the latest report from the U.S. Census Bureau. LendingTree Chief Economist Tendayi Kapfidze said although 3-month average building permits are close to the highest level since 2007, labor shortages are weighing on building activity.
    Read More
  • New home construction slowly gains ground

    But total housing starts drop in April
    New home construction increased slightly in April, while a drop in the multifamily sector caused housing starts to fall. But despite this slight increase, housing experts are not impressed and explained new construction is lagging significantly behind its historic averages.
    Read More
  • Not even a record-breaking hurricane can slow one of nation’s top housing markets

    Here’s how Houston is performing after Hurricane Harvey
    As Houston continues to recover from last year’s hurricane season, it continues to lead the nation as one of the top housing markets. It seems not even a record-breaking hurricane can slow it down. Here’s where Houston’s market stands months later, plus its forecasted growth for 2018.
    Read More
  • Housing inventory relief could be coming soon

    Residential construction labor rising
    Although current housing inventory continues to slip, driving up home prices and limiting homebuyers across the U.S., one expert says that could all be about to change. After analyzing February’s housing starts and construction employment data, First American Financial Corp. found the housing inventory shortage could soon see relief.
    Read More
  • New home construction sets strong pace for 2018

    On track for strongest year since housing crisis
    Housing starts increased in January, starting 2018 off at a strong pace; however, it is unclear if that pace will continue. While some experts are predicting a booming year for housing starts, others say January’s pace could have been better.
    Read More
  • Las Vegas sees boom in housing starts

    Hits highest level since 2008
    Housing starts in Las Vegas, Nevada, surged to housing boom levels at the end of 2017. However, these new homes are increasingly being built as more expensive, trade-up homes. In 2016, 42% of homes built were priced below $300,000, but in 2017, only 21% were built below that price line.
    Read More
  • New home construction rises in 2017, closes year on positive note

    Housing starts, completions, and permits all increased over 2016
    From the looks of it, 2017 ended up being a pretty decent year for new home construction. On Thursday, the Census Bureau and HUD provided a look at the December data on new home construction, and the report shows that building permits, housing starts, and housing completions all increased in 2017.
    Read More