Strong January Housing Starts Surprise Analysts

Strong January Housing Starts Surprise Analysts

Housing starts rose sharply in January, a sign of steady and possibly even accelerated growth in the housing market in 2018. Builders began construction on a seasonally adjusted annual rate of 1.3 million units were reported in January, compared to 1.2 million in...
5 Things to Watch in the March Housing Starts Report

5 Things to Watch in the March Housing Starts Report

By George Goss @GeorgeGoss4 Tomorrow the U.S. Census Bureau and the U.S. Department of Housing and Urban Development post the numbers for new residential construction in March. The median forecast of Bloomberg-surveyed economists is 1.17 million. The top-ranked...
Housing Starts Drop 3.8 Percent in January

Housing Starts Drop 3.8 Percent in January

By George Goss Economic uncertainty is taking a toll on the housing market, and economists and industry insiders blame a range of factors. New home starts declined in January by 3.8 percent to a seasonally adjusted annual rate of 1.09 million from 1.14 million in...