Follow Me on Twitter

New home permits and construction increase in October; Still at record low pace for 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 October shows an increase of 3.9 percent in housing starts, the seasonally adjusted annual rate is still at just 430,000 homes and

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

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

Between interest rates falling to record lows and home prices falling back to levels from 8 years ago, the housing market is starting to look like a very attractive investment opportunity.

One of my favorite companies that produce a home price index and monitor the market is RadarLogic and their RPX Composite Price Index. They

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

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

Continue reading… New home construction continues at record low pace for the year

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 there

Continue reading… New Home Construction On Pace For Record Low in 2011

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.

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

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.

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 the

Continue reading… New Home Construction Activity Increases in March

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.

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.

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.

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.