New home construction activity in June on the rise

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The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for June 2012 showing an increase in single-family home building permits from the year before of 19.7 percent and a 21.7 percent increase in new home starts for the same period. Continue reading “New home construction activity in June on the rise

New home construction in May is up significantly from a year ago

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The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for May 2012 showing an increase in single-family home building permits from the year before of 19.9 percent and a 26.2 percent increase in new home starts for the same period. Continue reading “New home construction in May is up significantly from a year ago

New home construction activity continues to increase

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The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for March 2012 showing a decrease in single-family home building permits from the month before of 3.5 percent and a 17.9 percent increase in new home starts compared to the year before. Continue reading “New home construction activity continues to increase

New home construction on the increase

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The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for February 2012 showing an increase in single-family home building permits from the month before of 4.9 percent and a 9.9 percent decrease in new home starts compared to the month before. Continue reading “New home construction on the increase

New home construction activity picking up

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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. Continue reading “New home construction activity picking up

New Home Starts in 2011 Set All-Time Record Low

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The last couple of months I have said that, “unless something changes dramatically, 2011 will hit a new record low of new home starts. Unfortunately, nothing dramatic happened, and 2011 has ended with only 428,600 new home starts setting a new record low and significantly below the prior all-time low of 445,200 starts in 2009.

Continue reading “New Home Starts in 2011 Set All-Time Record Low

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

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