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New Construction Activity in 2012 Wasn’t Great But Up Almost 20 Percent From 2011

Today’s report on new home construction activity for December from the Commerce Department shows activity increased from November and was significantly improved from a year ago. [...]

New Home Construction Activity Points the Way Toward Recovery; Fed Chairman Says It Won’t be Fast Though

The good news is new home construction activity continues to increase and show there are signs of life in the new home industry. The bad news is Ben Bernanke, the Chairman of the Federal Reserve, says problems still loom for the housing industry and the recovery is “likely to remain moderate.” [...]

New home construction activity in June on the rise

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. [...]

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

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. [...]

New home construction activity picking up

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. [...]

New Home Starts in 2011 Set All-Time Record Low

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. [...]

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

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. [...]

New home permits and construction increase in October; Still at record low pace for year

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. [...]

New home construction increases slightly; still on pace for record-low year

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. [...]

New home construction continues at record low pace for the year

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 [...]

New Home Construction On Pace For Record Low in 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 [...]

New home permits and starts increase in May; New home shortage coming?

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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New home construction increases in May; outpacing new home sales by 60 percent

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.

[...]

New Home Construction Declines in April; No Recovery in Site for Builders

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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New Home Construction Activity Increases in March

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 [...]

New home construction sinks to 25 year low

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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New home construction starts off 2011 with a ‘fizzle’

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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New home starts drop in December; down 14 percent from year before

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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October New Home Construction: Permits Up, Starts Down

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.

[...]

New home construction increases slightly in September; Still greatly outpaces sales

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.

[...]

New home construction continues to outpace new home sales; look for inventory to grow

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.

[...]

New Home Permits and Construction Drop in July; Still outpacing new home sales though

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.

[...]

New Home Building Permits and Starts Down In June

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 [...]

New Home Permits Drop Almost 10 Percent in May; New Home Starts Drop 17 Percent

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 [...]

Building Permits Jump in March; New Home Construction Still Outpacing Sales

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 [...]

New Home Construction In February Continuing to Outpace New Home Sales

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 [...]

What does 2010 hold in store for the Housing Market?

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 [...]

New home construction in the U.S. increases in November….but why?

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 [...]

New homes started through October down 32.5 percent from last year; New home completions still outpacing sales by over 30 percent

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 [...]

New home construction increases in June

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 [...]