By Dennis Norman, on November 17th, 2011
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, unfortunately, even though the report for October shows an increase of 3.9 percent in housing starts, the seasonally adjusted annual rate is still at just 430,000 homes and still on track for 2011 to be a record low year for housing starts.
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for October 2011 showing an increase in single-family home building permits from the month before of 5.1percent and a 3.9 percent increase in new home starts compared to the month before. Continue reading “New home permits and construction increase in October; Still at record low pace for year“
By Dennis Norman, on October 19th, 2011
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, unfortunately, even though the report for September shows an increase of 1.7 percent in housing starts, the seasonally adjusted annual rate is still at just 425,000 homes and still on track for 2011 to be a record low year for housing starts.
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for September 2011 showing a slight decrease in single-family home building permits from the month before of 0.2 percent and a 1.7 percent increase in new home starts compared to the month before. Continue reading “New home construction increases slightly; still on pace for record-low year“
By Dennis Norman, on September 20th, 2011
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 for August paints a pretty bleak picture as well and in fact, shows new home starts are at an even lower rate than last month dropping from a seasonally adjusted annual rate of 423,000 homes the prior month to 417,000 homes in August.
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for August 2011 showing an increase in single-family home building permits from the month before of 2.5 percent and a 1.4 percent decrease in new home starts compared to the month before. Continue reading “New home construction continues at record low pace for the year“
By Dennis Norman, on August 16th, 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 as there were 471,200 new homes started and things were looking up a bit, however, unless something changes dramatically, 2011 will hit a new record low of new home starts.
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued their report on New Residential Construction for July 2011 showing a very slight increase in single-family home building permits from the month before (0.5 percent), and a 1.2 percent decrease in new home starts compared to the year before. Continue reading “New Home Construction On Pace For Record Low in 2011“
By Dennis Norman, on July 19th, 2011
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. Continue reading “New home permits and starts increase in May; New home shortage coming?“
By Dennis Norman, on June 16th, 2011
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. Continue reading “New home construction increases in May; outpacing new home sales by 60 percent“
By Dennis Norman, on May 17th, 2011
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. Continue reading “New Home Construction Declines in April; No Recovery in Site for Builders“
By Dennis Norman, on April 19th, 2011
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 on the heels of new home construction sinking to a 25 year low last month. Continue reading “New Home Construction Activity Increases in March“
By Dennis Norman, on March 16th, 2011
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. Continue reading “New home construction sinks to 25 year low“
By Dennis Norman, on February 16th, 2011
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. Continue reading “New home construction starts off 2011 with a ‘fizzle’“
By Dennis Norman, on January 18th, 2011
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. Continue reading “New home starts drop in December; down 14 percent from year before“
By Dennis Norman, on November 17th, 2010
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. Continue reading “October New Home Construction: Permits Up, Starts Down“
By Dennis Norman, on October 19th, 2010
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. Continue reading “New home construction increases slightly in September; Still greatly outpaces sales“
By Dennis Norman, on September 21st, 2010
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. Continue reading “New home construction continues to outpace new home sales; look for inventory to grow“
By Dennis Norman, on August 17th, 2010
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for July 2010 showing a decrease in single-family home building permits and a decrease in new home starts from June. Continue reading “New Home Permits and Construction Drop in July; Still outpacing new home sales though“
By Dennis Norman, on August 18th, 2009 
This morning the US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for July 2009 showing a slight increase in new home construction activity from June in the U.S.
For the Midwest region of the U.S. the report showed the following:
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