Items Tagged with 'U.S. Dept. Of Housing and Urban Development'

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  • Housing starts slid further in June as rising construction costs weakened the market

    Housing starts fall 0.9% in June
    Rising construction costs and a growing shortage of skilled labor contributed to housing starts falling further in June, according to the latest report from the U.S. Department of Housing and Urban Development and the U.S. Department of Commerce. According to the analysis, housing starts fell 0.9% in June 2019 to a seasonally adjusted annual rate of 1.253 million units.
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  • Housing starts decline in May, signaling a slowdown in production

    Housing starts fall 0.9% in May
    Housing starts reversed course in May, signaling a slowdown in production, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. Navy Federal Credit Union Economist Robert Frick said another weak housing report shows the housing industry is far from producing homes at a rate to satisfy demand.
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  • After months of setbacks, housing starts rise nearly 6%

    Single-family construction up 6.2% from previous month
    Housing starts rose nearly 6% in April, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. Realtor.com Senior Economist George Ratiu said from rising inventory to lower mortgage rates and higher consumer confidence, new housing construction mirrored improvements in the housing market.
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  • Housing market cools down as home building takes a dive

    Single-family construction down 17% from previous month
    Housing starts fell 8.7% in the month of February, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. The one bright spot seems to be an increase in multifamily permits, where the overwhelming majority of which will feed the rental market.
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  • Housing starts heat up in January, climb whopping 18.6%

    Housing starts increase to 1.23 million in January
    Housing starts significantly heated up in January, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. First American Chief Economist Mark Fleming said the 18.6% monthly increase in housing starts reflects rising consumer sentiment and builder confidence.
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  • Housing starts tumble in December

    Fall 11.2% but post yearly gain
    Housing starts for the month of December took a tumble, according to the latest report from the HUD and the Dept. of Commerce. Starts fell 11.2% in December to a seasonally adjusted annual rate of 1.08 million units, according to the report, which was delayed due to the more than month-long partial government shutdown.
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