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 | 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 U.S. Department of Commerce reported new home starts for March were down 10.8% from February and down 48.4% from a year ago. This is a sharp contrast to last months numbers which showed a 22% increase over January. However,like I said in my post last month,I don’t think the increase was necessarily good [...] 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 [...] By:Dennis Norman
Today the US Department of Commerce released a report on new residential construction for November 2008. Like so many real estate-related reports we are seeing today it was not pretty. The report,a joint release of the US Census Bureau and the US Department of Housing and Urban Development says [...] | ||||
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