The Commerce Department released December’s Housing Starts data this week. A housing start is the beginning of a new home build (breaking ground). The data showed that new construction starts for single family homes increased 4.4% over November starts. The chart below also provides clarity in the upward trend in housing starts, a good sign [...]
Tag Archive | "housing starts"
Housing has been a bright spot in economic news as of late and there is more positive news coming from the housing sector. The National Association of Realtors (NAR) is reporting that existing home sales (previously occupied homes as opposed to newly constructed homes) rose in November by 4% to a seasonally adjusted annual rate of 4.42 [...]