Future housing permits at their highest level in 13 years

January saw total housing starts fall by 3.6%, but economists were more focused on home building permits, which are a gauge of future house building. And what they saw left them upbeat about what could be coming, as housing permits rose to their highest level since March 2007. Even so, the dip in housing starts

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Housing starts decline, but builders say they’re okay with it

Housing starts fell by a fairly alarming 9.4% in September to a seasonally adjusted rate of 1.26 million units, according to new data from the Commerce Department. The multifamily sector, which includes apartments and condos, saw new starts fall by 28.2% to just 338,000. Single-family home starts were up 0.3% to 918,000 units. The decline

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December US Housing Starts Fell by 2.5%

There was an unexpected fall in the number of new housing starts in December in the United States, with both apartment building and single family construction showing declines in spite of the mild weather for the month. According to the article in the Wall Street Journal, housing starts dropped from 2.5% a month earlier to

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Housing Starts Rise Less than Expected

The number of US housing starts increased, but was less than expected while the number of building permits dropped in March. The article in aol.com points out this shows an underlying weakness in the housing market, and there are fears could continue in spite of the improving weather as spring progresses. Figures from the Commerce

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New Home Construction Booms, But Will There Be Any Room?

There’s been lots of construction activity over the past 12 months, but while these developments will be warmly embraced, construction firms could soon be facing a new problem – a lack of space on which to build.

99 Housing Markets Improve in September; Americans More Optimistic

An increasing number of metro areas are experiencing improvements in the housing market, according to a survey released this week. The National Association of Homebuilders reported the number of U.S. housing markets that are perking up increased to 99 in September, up from 80 improving metro areas in August.

New Home Builds On The Up

The market for new homes has been picking up some steam in recent weeks with the numbers of new constructions beginning and housing permits awarded rising to their highest levels for five months. The Commerce Department reported yesterday that there was a 3.5% increase in the number of housing starts in May compared to the

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