Tag Archives: SingleFamily

Fastest Pace of Single-Family Housing Starts Rising in Two Years Reported

Nationwide production of new single-family homes rose 4.4 percent to a seasonally adjusted annual rate of 470,000 units in December, according to newly released figures from the U.S. Commerce Department. This marked a third consecutive increase and the fastest pace …

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Single-Family Housing Starts Rise 4.4 Percent in September 2010

RISMEDIA, October 21, 2010—Nationwide housing starts edged up 0.3% to a seasonally adjusted annual rate of 610,000 units in September, due entirely to a 4.4% gain in the single-family sector, according to U.S. Commerce Department figures. “Builders are cautiously responding to the small improvement they are seeing in interest among potential home buyers,” noted Bob Jones, chairman of the National Association of Home Builders (NAHB) and a home builder from Bloomfield Hills, Mich. “However, as consumer demand for new homes…

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Single-Family Housing Starts Virtually Unchanged in June 2010

RISMEDIA, July 22, 2010—Single-family housing starts were virtually unchanged from the previous month at a seasonally adjusted annual rate of 454,000 units in June 2010, according to newly-released figures by the U.S. Commerce Department. Meanwhile, a 21.5% decline on the more volatile multifamily side weighed down the overall housing production number, which fell 5% to a 549,000-unit rate.

“As our most recent member surveys have indicated, builders remain very cautious in light of the sluggish pace of the economic…

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