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New home construction shows modest increase in July; Numbers for 2009 still way below 2008

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 [...]

Significant increases in new home sales in Northeast & Midwest for May

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 [...]

New home building permits and construction increase in May

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 [...]

Commerce Dept reports drop in building permits- That’s GOOD news!

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 [...]