June 2021 Signals Indicate Housing Market Easing

Buyer sentiment data shows that potential new homeowners are chilling out about purchasing in this seller’s market.

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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New housing starts on the up

Housing inventories across the country could soon come under relief, with builders at last moving to meet the pent up demand in many markets.

Housing Starts Rose to 1 Million in April

Housing starts are back on the rise, but the most recent surge is due to a growth in the multifamily market, according to the latest data from the U.S. Department of Housing and Urban Development and Census Bureau.

Good News for Construction as Housing Starts To Rise

Last month the number of building permits hit their highest level for six years, raising hopes of the housing market becoming more stable. According to data from the Commerce Department, ground breaking rose by 13.2%, reaching a seasonally adjusted rate of 1.07 units. This is the highest level seen since November 2013, and increases were

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Housing Starts for Single-Family Homes Increased in August

Figures from the Commerce Department show that housing starts for multifamily homes fell in August, but the number of permits to build single-family homes increased substantially. Overall housing starts increased by a seasonally adjusted rate of 0.9%, reaching 891,000 units. According to the article in AOL.com, this figure is less than had been predicted by

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Last Month Saw Housing Starts Rise by 5.9%

Figures from the US Census Bureau and the HUD show that the seasonally adjusted annual rate of nationwide housing starts rose to 896,000 units in July. Multifamily construction increased compared to the previous month, while single-family construction declined slightly compared to June.

Housing Starts Spark Positives for Mixed Bag Economic News

In market news, the Commerce Department’s news of Wednesday showed new housing starts up 2.3 percent in August, the fasted single family home growth rate in several years. However, the overall housing market is still a “mixed bag” of good news and slow economic recovery signs.

Report by UK Home Builders Federation Shows Planning Permission Drought

A new report by the U.K.’s Home Builders Federation (HBF) shows planning permissions have halved over the last four years, as the total number granted last year were lowest since the survey began in 2006.

More UK Home Starts at the End of 2011

New home starts in England rose by 6% during the last quarter of 2011 compared to the previous quarter, according to data from the Department of Communities and Local Government. Seasonally adjusted figures show 25,240 new homes were started in the last quarter of 2011, but this is still 48% less the house building peak in December 2005.

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