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By Dennis Norman, on February 16th, 2012
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. [...]
By Dennis Norman, on January 19th, 2012
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. [...]
By Dennis Norman, on December 21st, 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, 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. [...]
By Dennis Norman, on November 17th, 2011
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. [...]
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. [...]
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 [...]
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 [...]
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.
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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.
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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.
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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 [...]
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.
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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.
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By Dennis Norman, on January 19th, 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.
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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.
[...]
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.
[...]
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.
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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.
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By Dennis Norman, on July 20th, 2010
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for June 2010 showing a decrease in building permits and a decrease in new home starts from May.
The report shows the following:
Building permits issued for single-family residences in June were at [...]
By Dennis Norman, on June 16th, 2010
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for May 2010 showing a decrease in building permits and a decrease in new home starts from April.
The report shows the following:
Building permits issued for single-family residences in May were at [...]
By Dennis Norman, on April 16th, 2010
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for March 2010 showing an increase in building permits and a decrease in new home starts from February.
The report shows the following:
Building permits issued for single-family residences in March were at an annual rate [...]
By Dennis Norman, on March 16th, 2010
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for February 2010 showing a decrease in new home construction activity from February, but siginificant increases from a year ago..
The report shows the following:
Building permits issued for single-family residences in February [...]
By Dennis Norman, on December 28th, 2009 Dennis Norman
In a just a few days we will say goodbye to 2009; a year that has been brutal to the housing market. So as the new year comes in, what will 2010 hold in store for the housing market?
To answer this question I turned to the housing forecast just released by Fannie [...]
By Dennis Norman, on December 16th, 2009
New home construction is on the rise in November…. WHY??? They aren’t selling as fast as they are being built…didn’t we learn our lesson?
The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for November 2009 showing an increase in new home [...]
By Dennis Norman, on November 19th, 2009
Even with a decline in new home starts and completions, new home construction activity is still outpacing new home sales potentially leading to inventories increasing again.
The US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for October 2009 showing a decrease in [...]
By Dennis Norman, on July 17th, 2009 By: Dennis Norman
This morning the US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for June 2009 showing an increase in new home construction activity.
The report shows the following:
Building permits issued for single-family residences in June were at an annual rate of [...]
By Dennis Norman, on June 16th, 2009 By: Dennis Norman
This morning the US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for May 2009 showing a slight increase in new home construction activity.
The report shows the following:
Building permits issued for single-family residences in May were at an annual rate of 408,000 [...]
By Dennis Norman, on February 22nd, 2009 By: Dennis Norman
Last week the U.S. Census Bureau released new home data for January. Once again, permits and housing starts were down.
Building permits for January were at a seasonally adjusted rate of 521,000, 4.8% below December and over 50% below a year ago. Housing starts were at a seasonally adjusted rate of 466,000, 16.8% [...]
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