The housing market continues to show some strength as well as evidence that the worst of the housing downturn is behind us and we are headed toward a recovery for the housing market. Today’s new home construction report was no different, showing increases in new construction in September in all aspects; permits, starts and completions! [...]
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This morning the US Census Bureau and US Department of Housing and Urban Development (HUD) issued a their report on New Residential Construction for July 2009 showing a slight increase in new home construction activity from June. The report shows the following: Building permits issued for single-family residences in July were at an annual rate of [...] Dennis Norman By: Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in May were at a seasonally adjusted annual rate of 342,000. this represents a 0.6% drop from Aprils rate of 344,000 and is almost 33% down from a year ago. Three of the four [...] 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 [...] 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 [...] |
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