Housing starts up but permits post lowest growth since mid-2011

Historical Pattern and Composition of Housing Starts in Major U.S. Cities Posted on February 9, 2017 February 9, 2017 by Alex Carrick Through the extensive aid of charts, this report will look at the historical patterns and make-up of housing starts -single-family versus multi-family and combined total in 18 of America’s largest.

Construction nearly touched post-recession. for building permits, a bellwether of future construction, declined 4.2 per cent in June from the prior month to a pace of 963,000, the lowest figure.

They told the same story the last several months’ did: After steadily rising from the end of the recession, housing construction has stabilized – housing starts and permits issued have been basically unchanged since early 2017. Last month’s housing starts were.

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Monthly Economic Indicators. This monthly report provides a snapshot of metro area economic activity in labor and employment, the consumer sector, and residential and commercial real estate.

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Although there has been a modest deceleration in SF starts since the beginning of the year, the longer-term trend remains up. Single-family permits. housing market conditions, which they generally.

Starts for the volatile multi-family housing segment plunged 15.2% to a rate of 330,000 units in September. Permits for the construction of multi-family homes declined 7.6% to a pace of 390,000 units.

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Since the week ending. was overly conservative. Housing starts and permits were generally inline with expectations after accounting for seasonal volatility. Total starts are up 9% from last year,

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Housing Starts Up Sharply, Near Post-Recession High in October November 17, 2017 Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of Housing and Urban Development and.

Housing starts faded a touch in May, led by a sharp decline in the key single-family segment. Multi-family activity was up double-digits, but not enough to stop the bleeding. Three of the four regions posted declines, with only the South keeping things from looking really ugly. On the other hand, permit requests rose a touch.

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Permits posted a year-over-year increase of just 1%, the weakest growth since mid-2011. The loss was led by a decline in multi-family, the lowest since June.