According to the U.S. Census Bureau, privately owned housing units counted by the number of building permits issued in July were at a seasonally adjusted annual rate of 1,442,000. This number is slightly above the revised June rate but still 13% below the July 2022 rate of 1,658,000.
Read More »May’s New Residential Construction Numbers ‘Above Consensus Expectations’
The numbers are in from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, and the news is good—at least on a short-term scale.
Read More »Home Construction Still Affected by Supply Chain Issues
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts in February hit 1,769,000, 6.8% above the revised January estimate of 1,657,000. ...
Read More »Residential Construction Reflects ‘Record-High Builder Optimism’
The U.S. Census Bureau released its construction statistics for September, recording a 1.9% increase in housing starts compared to August. Single-family residential starts rose 8.5% over the month to 1.1 million annualized units, a level not seen since 2007. Realtor.com's Chief ...
Read More »The Week Ahead: HUD Reports on U.S. Homelessness
On Monday, HUD will outline to Congress the ways it worked to prevent and end homelessness in the past year. Here’s what else is in store in The Week Ahead.
Read More »