Single-family housing starts declined in June to the lowest rate since July 2024 as multi-family production showed a significant increase for the month. Due to a solid increase in multifamily production, overall housing starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. […]
A report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau states that overall housing starts increased 1.6% in April to a seasonally adjusted annual rate of 1.36 million units. The April reading of 1.36 million starts is the number of housing units builders would begin if development kept this […]
With the Federal Reserve beginning an easing of monetary policy and builder sentiment improving, single-family starts posted a modest gain in September. Multifamily construction continued to weaken due to tight financing and an ongoing rise in completed apartments, according to the National Association of Home Builders (NAHB). Overall housing starts decreased 0.5% in September to […]
Sales of newly built, single-family homes in May fell 11.3% to a 619,000 seasonally adjusted annual rate from a sharp upwardly revised reading in April, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. According to the data, the pace of new home sales in […]
A new report suggests that pent-up demand, moderating interest rates, and a lack of existing inventory helped push single-family starts in February, reaching their highest level since April 2022. According to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, overall housing starts increased 10.7% in February to […]
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