Housing starts measure new construction of privately owned housing units and are considered an important leading indicator on the economy. Housing starts are a monthly measure of the construction ...
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In the latest report by the Census Bureau, housing starts jumped to a seasonally adjusted annual rate of 1.499 million in December, the highest level in ten months. In 2024, an estimated 1.364 ...
Multifamily construction soared at the end of the year as December's overall housing starts beat expectations. U.S. housing starts increased by nearly 16% month-over-month in December to an ...
WASHINGTON — The National Association of Home Builders is reporting that housing starts in 2024 ended on an "up note." The association representing more than 140,000 members said the positive ...
(Bloomberg) -- Housing starts in the US climbed in December to the fastest pace since early 2024, reflecting a surge in multifamily projects and a more modest advance in one-family homes.
Housing starts surged 15.8% M/M to an annual rate of 1.499M in December, topping the 1.320M consensus, from 1.294M prior (revised from 1.289M), according to U.S. Census Bureau data release on Friday.
Affordable multifamily housing completions should peak at 78,000 this year as construction starts have fallen due to rising costs, increasing insurance premiums and labor shortages. This could mean ...