The Agency - Home Starts

Housing Starts Surge In March Propelled By Multi-Family Construction

Apr. 16, 2013
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Housing starts jumped dramatically in March to their highest level in five years, with total starts gaining almost 47% over last March and up 7% from February 2013. According to the latest report from the Commerce Department, the seasonally adjusted annual rate reached 1.036 million, which Robert Wetenhell, of RBC Capital Markets, notes, is the first time… Read more

New Home Construction Hits 4-Year High; Provides Boost To US Economy

Jan. 18, 2013
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Housing starts jumped to 12.1% in December to a 954,000 annual rate, surpassing what analysts forecasted and capping the best year for the homebuilding industry in four years. An estimated 780,000 housing units were started in 2012, which marks a 28.1% increase over the 2011 figure of 608,800. The strong numbers show once again that the… Read more

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