Post Profile

Mays’ 3.5% gain in housing starts does not signal a housing recovery immediately ahead

Housing starts increased 3.5% to a 560,000 annual pace in May and the previous two months were revised slightly higher. This is a rare item of good news amidst a flurry of sour economic reports in the last two months. The May total is almost at the 565,000 monthly average over the last year. The housing market remains stalled. The May gain is not a signal that sustained gains are immediately ahead.
read more


Related Posts

Housing Starts increase in May

Business & Finance / Economics : CalculatedRisk

From the Census Bureau: Permits, Starts and Completions. Housing Starts: Privately-owned housing starts in May were at a seasonally adjusted annual rate of 560,000. This is 3.5 percent (±12.4%) above the revised April estimate of 54...

New Home Sales increased to 546,000 Annual Rate in May

Business & Finance / Economics : CalculatedRisk

The Census Bureau reports New Home Sales in May were at a seasonally adjusted annual rate (SAAR) of 546 thousand. The previous three months were revised up by a total of 34 thousand (SA)."Sales of new single-family houses in May 201...

Housing starts rebound.6% in June after two weak months

Industries / Construction : Notes from Jim Haughey

Homebuilders started 14.6% more new units in June, raising the annualized pace of new home construction to 629,000 and offsetting depressed starts in April and May at a 549,000 annual pace. This was the third highest monthly starts ...


Business & Finance : Business Insider: Money Game

December U.S. housing starts and building permits data are out. Starts fell 9.8% to 999,000 units at an annualized pace. November's starts figure was revised up to 1.107 million units annualized from 1.091 million. Building permits ...

Housing market rebounds in March

Industries / Construction : Notes from Jim Haughey

March housing starts jumped 7% from February to a 549,000 annual pace. The monthly gain was 15% from the originally reported February total. Permits gained 11% to 594,000 from the upwardly revised initial February estimate. The stro...


Copyright © 2015 Regator, LLC