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St. Louis Real Estate Search

 

New home construction activity picking up






The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for January 2012 showing an increase in single-family home building permits from the month before of 0.9 percent and a 1.0 percent decrease in new home starts compared to the month before. […]

New home construction in November inches up;  Curent pace slightly ahead of record-low






The last couple of months I have said that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Well, the actual numbers this year will still most likely be a record low, but at least the rate of new home starts for November has now inched above the record low New home starts in November were up 2.3 percent from the prior month with the seasonally adjusted annual rate inching its way up to 447,000 homes, just slightly above the all-time low of 445,200 new home starts in 2009. […]

New home sales drops in August and remains on track to finish year at record low

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for August 2011 showing a decrease of 2.3 percent from the month before, and an increase of 6.1 percent from a year ago. The seasonally-adjusted new home sales rate for August was 295,000 homes, down from […]

New home construction continues at record low pace for the year

Last month I talked about how in 1959 the census bureau first started keeping track of new home construction activity and reported that there were 1.5 million new homes started that year and that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Well, unfortunately, the report […]

New home sales drop again in July; 2011 new home sales continue on track to be worst year ever

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for July 2011 showing a decrease of 0.7 percent from the month before, and an increase of 6.8 percent from a year ago. The seasonally-adjusted new home sales rate for July was 298,000 homes, down from […]

New Home Construction On Pace For Record Low in 2011

In 1959 the census bureau first started keeping track of new home construction activity and reported that there were 1.5 million new homes started that year. In 2005 a record high 1.7 million new homes were started and in 2009 a record low 445,100 new homes. In 2010 there was a little improvement […]

New home sales drop in June; 2011 new home sales on track to be worst year ever

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for June 2011 showing a decrease of 1.0 percent from the month before, and an increase of 1.6 percent from a year ago. The seasonally-adjusted new home sales rate for June was 312,000 homes, down from […]

New home permits and starts increase in May; New home shortage coming?

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for June 2011 showing a very slight increase in single-family home building permits from the month before (0.2 percent), and a 9.4 percent increase in new home starts compared to the month before. […]

New home sales decline in May; Up over 15 percent from year before

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for May 2011 showing a decrease of 2.1 percent from the month before, and an increase of 13.5 percent from a year ago.

The seasonally-adjusted new home sales rate for May was 319,000 homes, down from […]

New home construction increases in May; outpacing new home sales by 60 percent

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for May 2011 showing a 2.5 percent increase in single-family home building permits from the month before, and a 3.7 percent increase in new home starts compared to the month before.

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New home sales and prices increase in April; still down over 23 percent from a year ago

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for April 2011 showing an increase of 7.3 percent from the month before, and a decrease of 23.1 percent from a year ago.

The seasonally-adjusted new home sales rate for April was 323,000 homes. The supply […]

New Home Construction Declines in April; No Recovery in Site for Builders

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for April 2011 showing a 1.8 percent decrease in single-family home building permits from the month before, and a 5.1 percent decrease in new home starts compared to the month before.

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New home sales and prices increase in March

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for March 2011 showing an increase of 11.1 percent from the month before, and a decrease of 21.9 percent from a year ago.

The seasonally-adjusted new home sales rate for March was 300,000 homes. The supply […]

New Home Construction Activity Increases in March

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for March 2011 showing a 5.7 percent increase in single-family home building permits from the month before, and a 7.7 percent increase in new home starts compared to the month before. This comes […]

New home sales plummet in February, prices fall as well

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for February 2011 showing a decrease of 16.9 percent from the month before, and a decrease of 28.0 percent from a year ago.

The seasonally-adjusted new home sales rate for February was 250,000 homes. The supply […]

New home construction sinks to 25 year low

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for February 2011 showing a 9.3 percent decrease in single-family home building permits from January, and a 27.0 percent decrease in new home starts compared to the year before.

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New home sales fall in January…down over 18 percent from a year ago

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for January 2011 showing a decrease of 12.6 percent from the month before, and a decrease of 18.6 percent from a year ago.

The seasonally-adjusted new home sales rate for January was 284,000 homes. The supply […]

New home construction starts off 2011 with a ‘fizzle’

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for January 2011 showing a 4.8 percent decrease in single-family home building permits from December, and a 1.0 percent decrease in new home starts compared to the month before.

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New home sales close out 2010 on the rise; predicting increased sales in 2011

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for December 2010 showing an increase of 17.5 percent from the month before, but a decrease of 7.6 percent from a year ago.

The seasonally-adjusted new home sales rate for December was 329,000 homes, a 17.5 […]

New home starts drop in December; down 14 percent from year before

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for December 2010 showing a 5.5 percent increase in single-family home building permits from November, but a 9.0 percent decrease in new home starts compared to the month before.

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New home sales and prices increase in November

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for November 2010 showing an increase of 5.50 percent from the month before, but a decrease of 21.2 percent from a year ago.

The seasonally-adjusted new home sales rate for November was 290,000 homes, a 5.5 […]

St Louis Area Single Family Building Permits Up over 12 Percent

According to information released by the Home Builders Association of St. Louis & Eastern Missouri (HBA), building permit activity in the St. Louis area through October of this year, is up over 12 percent from the same time last year.

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New home sales fall in October; Down 30 percent from year before

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for October 2010 showing a decrease of 8.1 percent from the month before, but a decrease of 28.5 percent from a year ago.

The seasonally-adjusted new home sales rate for October was 283,000 homes, a 8.1 […]

October New Home Construction: Permits Up, Starts Down

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for October 2010 showing a slight increase in single-family home building permits and a small decrease in new home starts compared to the month before.

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New home sales rate up over six percent in September; down over 20 percent from year before

Dennis Norman

Today, the U.S. Department of Housing and Urban Development and U.S. Census Bureau released new home sales data for September 2010 showing an increase of 6.6 percent from the month before, but a decrease of 21.5 percent from a year ago.

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New home construction increases slightly in September; Still greatly outpaces sales

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for September 2010 showing a slight increase in single-family home building permits and an increase in new home starts compared to the month before.

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The country’s first home developer

Dennis Norman

I saw an interesting tidbit that came from the US Census Bureau that shows just how much things have changed in the real estate world in the past 60+ years in the U.S. The piece I saw was from the census bureau’s “Profile America” series and discussed one of […]

No Improvement in New Home Sales in August

Dennis Norman

Last month I reported that July’s new home sales rate of 276,000 homes was the lowest rate on record. Subsequently the Commerce Department revised July and changed the sales rate to 288,000 homes raising July to the second-lowest home sales rate on record. Today, the numbers for August came out and […]

New home construction continues to outpace new home sales; look for inventory to grow

The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for August 2010 showing a decrease in single-family home building permits and an increase in new home starts compared to the month before.

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New Home Sales In July Drop to All-Time Low

Dennis Norman

The good news is May’s new home sales rate of 267,000, which was the lowest sales rate on record, was revised upward to 281,000. The bad news is June’s sales rate of 330,000 was revised downward to 315,000 and now new home sales for July were reported at 276,000 the new […]