Single-family housing starts rise to highest level in a decade

Construction starts on new homes rise 6 percent in February, best since `87 NEW YORK (CNNfn) – Starts on new homes and apartments surged to their highest level in more than a decade in February.

U.S. Single-Family housing starts rise to Highest in a Decade – Groundbreaking on single-family homes proceeded in November at the strongest pace in a decade, driving U.S. housing starts to a faster-than-estimated rate, government figures showed Tuesday.

 · Low mortgage rates and high buyer demand are keeping single-family housing starts in the stratosphere. Starts were above their 2016 average in November, although they fell.

The rise in housing starts and building permits in January gave a good start to the year for the housing market.. Permits Reach Their Highest Level in a Decade. high led by increased.

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Groundbreaking on single-family homes proceeded in November at the strongest pace in a decade, driving U.S. housing starts to a faster-than-estimated rate, government figures showed Tuesday, Dec. 19. Residential starts rose 3.3% to a 1.3 million annualized rate, following a 1.26 million pace in.

 · New Home Sales Rise to Highest Level This Year Filed in Economics by NAHB Now on June 25, 2018 0 Comments Sales of newly built, single-family homes rose 6.7% in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April report, according to data released Monday by HUD and the U.S. Census Bureau.

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Starts and Permits. Excel tables of total, single-family and multifamily housing starts by regions, states and the top 100 metropolitan areas. Learn more. executive-level forecast: A monthly forecast of economic activity, inflation, interest rates and housing activity. This forecast also.

Single-family production increased 6.5 percent to 872,000 units — its highest reading in nearly a decade — while multifamily starts fell 3.7 percent to 416,000 units.

Freddie Mac predicted in its monthly Outlook on Thursday that 2016 might be the best year for housing in a decade. the highest since July of 2007. Still starts are trending higher, and Freddie Mac.

At the end of 2016, economists projected that total housing starts would rise 6.5% in 2017, led by a 10% rise in single-family and a 3% rise in multifamily. Despite the strongest rate of economic.