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New economic data will be in short supply this week but the few releases that will be published do concern the housing market. Monday gives a look at homebuilder confidence, Tuesday gives data on new construction, and Thursday will show the survey week results for Jobless Claims. Further Details: The...
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Plans for constructing new homes in the United States fell to its lowest level on record in November, as the annualized pace of building plans dropped well beyond expectations with a near-20% decline in a single month. U.S. housing starts plummeted to an annualized pace of 625,000, representing a month...
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Both the number of permits issued to build privately-owned housing units and the number of units for which construction started were up in April although still lagging considerably below figures for April 2007. According to a joint report issued by the U.S. Census Bureau and the U.S. Department of Housing...
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Housing starts and the pulling of construction permits continued to decline in February according to a monthly report issued by the U.S. Census Bureau and the Department of Housing and Urban Development. Building permits for all residential construction were issued at a seasonally adjusted annual rate...
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Housing starts and building permits continue to lag far behind the numbers recorded one year ago according to monthly data issued on Wednesday by the U.S. Census Bureau and The Department of Housing and Urban Development. Housing permits were issued in January at a seasonally adjusted annual rate of...
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Housing starts took another nose-dive in December according to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development. Seasonally adjusted, privately-owned housing starts were at an annual rate of 1,006,000, 14.2 percent below the revised November estimate of...
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Housing starts took another dive in November, falling another 3.7 percent from the revised October estimate of 1,232,000 starts. Even worse, the seasonally adjusted annual November rate of 1,187,000 starts is 24.2 percent below the 1,565,000 annualized rate of residential construction initiated in November...
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Housing starts in August hit the lowest level on an annualized basis since July 1995. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a joint report on Wednesday showing that privately owned housing starts in August were at a seasonally adjusted annual rate of...
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Two measures of the housing market were released this week and each shows that, at best, builders are remaining cautious; at worst they are showing a bit of despair. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for June reported that builders' confidence in...
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Right on the heels of the National Association of Realtors rather glum report on the sale of existing houses during the fourth quarter of 2006 the U.S. Census Bureau and the U.S. Department of Housing and Urban Development released their monthly joint report on housing starts and housing permits for...
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Home builders are growing increasingly more confident about the economy and the real estate market and that was reflected in the most recent report on residential construction in the U.S. for the month of January. The National Association of Home Builders and Wells Fargo released their Housing Market...
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Housing permits and starts in November were mixed when compared to October levels according to figures released this week by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. The seasonally adjusted and annualized figure for permits authorizing housing units issued in November...
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The two monthly reports that measure the health of the home construction industry were released this week. The U.S. Census Bureau and U.S. Department of Housing and Urban Development issued its report on housing starts in June and the National Association of Home Builders in conjunction with Wells Fargo...
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The usual spate of monthly reports on new home sales, existing home sales, housing starts, and builder confidence were all released recently. Taken together they do little to clarify the state of the housing market. First out was the National Association of Home Builders/Wells Fargo Housing Market Index...
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It does appear that the housing bubble is, if not bursting, at least no longer expanding. For the second month in a row data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development indicates that builders at least are pulling back from the enthusiastic pursuit of home building...