Economy - Finance > House

Comments on August Housing Starts

8 monthes ago   |   By Calculated Risk

Earlier: Housing Starts increase to 1.364 Million Annual Rate in August, Highest in 12 Years
Total housing starts in August were above expectations, and starts for June and July were revised up combined. This was the highest level of starts in 12 years.
The housing starts report showed starts were up 12.3% in August compared to July, and starts were up 6.6% year-over-year compared to August 2018.
Single family starts were up 3.4% year-over-year, and multi-family starts were up 13.7% YoY. Much of the strength this month was in the volatile multi-family sector, still - overall - this was a...
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U.S. housing starts, building permits race to 12-year high

U.S. housing starts, building permits race to 12-year high

8 monthes ago   |   By Reuters

U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.
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3 Reasons Why There's Further Upside Potential for Gold Prices

8 monthes ago   |   By Forbes

Gold may be off its 52-week highs, but the precious metal is still up more than 15 percent for the year through September 17. This appears to put gold on a path for its best year since 2010, when it gained just under 30 percent.
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U.S. housing starts, building permits hit 12-year high

8 monthes ago   |   By Reuters

U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.
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Housing Starts increase to 1.364 Million Annual Rate in August, Highest in 12 Years

Housing Starts increase to 1.364 Million Annual Rate in August, Highest in 12 Years

8 monthes ago   |   By Calculated Risk

From the Census Bureau: Permits, Starts and Completions
Housing Starts:
Privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,364,000. This is 12.3 percent above the revised July estimate of 1,215,000 and is 6.6 percent above the August 2018 rate of 1,279,000. Single‐family housing starts in August were at a rate of 919,000; this is 4.4 percent above the revised July figure of 880,000. The August rate for units in buildings with five units or more was 424,000.
Building Permits:
Privately‐owned housing units authorized by building permits in August were at...
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US housing starts jump 12.3% to 1.364 million in August, a 12-year high

8 monthes ago   |   By CNBC

CNBC's Rick Santelli reports on the August housing starts and building permits.
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Surge in apartment construction lifts US home building 12.3% in August to highest level since June 2007

8 monthes ago   |   By Chron

WASHINGTON - Surge in apartment construction lifts US home building 12.3% in August to highest level since June 2007.
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US home building climbs 12.3% in August to 12-year high

8 monthes ago   |   By Chron

WASHINGTON - The pace of U.S. home construction jumped 12.3% last month to a 12-year high on a surge in apartment building.
The Commerce Department said Wednesday that housing starts came in at a seasonally adjusted annual rate of 1.36 million, most since June 2007 and up from a revised 1.22 million, as builders overcame a shortage of skilled workers and available land.
Construction of single-family homes rose 4.4% to 919,000. Building of apartments and condominiums surged 30.9% -biggest monthly gain since December 2016 - to 424,000.
Residential construction rose 30.5% in the Northeast...
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