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New home construction is on the rise in November…. WHY??? They aren’t selling as fast as they are being built…didn’t we learn our lesson? The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for November 2009 showing an increase in new home construction activity from October. The [...] Even with a decline in new home starts and completions, new home construction activity is still outpacing new home sales potentially leading to inventories increasing again. The US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for October 2009 showing a decrease in new home construction [...] This morning the US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for September 2009 showing an increase in new home construction activity from August. The report shows the following: Building permits issued for single-family residences in September were at an annual rate of 450,000 which is 3.0 percent below [...] This morning the US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for August 2009 showing a slight decrease in new home construction activity from July. The report shows the following: Building permits issued for single-family residences in August were at an annual rate of 462,000 [...] By: Dennis Norman This morning the US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for May 2009 showing a slight increase in new home construction activity. The report shows the following: Building permits issued for single-family residences in May were at an annual rate of 408,000 which is a [...] By: Dennis Norman Today the US Census Buruea and US Department of Housing and Urban Development (HUD) issued a report on December new home starts, permits and completions. Once again the numbers in all three categories dropped. Building permits for privately-owned housing units at an annual rate of 548,000 for December fell 10.7% from November and was [...] |
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