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Building permits ( charts ) were issued in August at a 3.2 percent higher rate than in July, but housing starts ( chart ) fell even further than expected according to data released Tuesday by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Starts of privately owned housing fell 5.0 percent below the July figure of 601,000 (revised from the original estimate of 603,000) to a seasonally adjusted annual rate of 571,000. The Census Bureau said this was the largest drop...

Driven by a dramatic rise in multi-family construction, U.S. housing jumped unexpectedly to of an annualized rate of 629,000 housing units in June. This was an increase of 14.6 percent over May figures which were adjusted down by 11,000 units to 549,000. The +3.5 reported earlier as a May over April increase has now been revised to "unchanged." According to figures released Tuesday by the Census Bureau, multi-family starts increased by 30.4 percent in June to an annual rate of 176,000 units while...

The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for May 2011. Housing Starts data estimates how much new residential real estate construction occurred in the previous month. New construction means digging has begun. Adding rooms or renovating old ones does not count, the builder must be constructing a new home (can be on old foundation if re-building). Although the report offers up single family housing, 2-4 unit housing...

The Census Bureau and Department of Housing and Urban Development have released New Residential Sales data for March 2011. New Residential Sales data provides statistics on the sales of new privately-owned single-family residential structures in the United States. Data included in the press release are (1) the number of new single-family houses sold; (2) the number of new single-family houses for sale; and (3) the median and average sales prices of new homes sold. A house is considered sold when...

The Census Bureau and Department of Housing and Urban Development have released New Residential Sales data for February 2011. New Residential Sales data provides statistics on the sales of new privately-owned single-family residential structures in the United States. Data included in the press release are (1) the number of new single-family houses sold; (2) the number of new single-family houses for sale; and (3) the median and average sales prices of new homes sold. A house is considered sold when...

The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for January 2010. Housing Starts data estimates how much new residential real estate construction occurred in the previous month. New construction means digging has begun. Adding rooms or renovating old ones does not count, the builder must be constructing a new home (can be on old foundation if re-building). Although the report offers up single family housing, 2-4 unit...

The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for November 2010....

Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 539,000. This is 5.6 percent (±1.4%) below the revised August rate of 571,000 and is 10.9 percent (±2.3%) below the September 2009 estimate of 605,000. Privately-owned housing starts in September were at a seasonally adjusted annual rate of 610,000. This is 0.3 percent (±10.3%)* above the revised August estimate of 608,000 and is 4.1 percent (±12.0%)* above the September 2009 rate of 586,000....