Tag Archives: housing starts

July 2016 Housing Starts Climb 5.6% Over July 2015

New residential construction report for July 2016 By Jeff Sorg, OnlineEd Blog (August 18, 2016) – The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2016: BUILDING PERMITS Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate […]

Builder Confidence at Highest Level This Year

“Builders are reporting more serious and committed buyers at their job sites” (Jeff Sorg, OnlineEd) –  The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released June 15, 2015, shows that builder confidence in the market for newly built, single-family homes in June rose five points to a level of 59 on the […]

Housing Starts Top 1 Million for Third Time This Year

  (Jeff Sorg, OnlineEd) – According to figures released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, nationwide housing starts have topped one million for the third time in 2014. “These numbers show starts returning to levels we saw earlier this summer, where they hovered around one million units,” said National Association of Home […]

New Home Purchases Decreased 9% in August

 (Jeff Sorg, OnlineEd) – Data for August 2014 shows mortgage applications for new home purchases decreased by 9 percent relative to July 2014, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS). The MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 424,000 units in August. The seasonally adjusted […]