Sentences with phrase «new housing starts»

However, in 2016, there was a rise in single family home construction, which means there are more new housing starts available and potentially more inventory.

We've seen booms and busts in new housing starts over the past several decades, but homeownership rates in the U.S. took a huge blow as a result of the Great Recession.

On the one hand, we saw a higher - than - expected rate of new housing starts in February.

In February, new housing starts hit 1.29 million units, beating market expectations of 1.26 million units.

Although new housing starts are down,... View Article

To combat the housing supply imbalance, home builders are pushing new housing starts are getting back to pre-recession levels.

New housing starts reached 954,000 in December 2012, which is almost 30 % higher than a year earlier.

New housing starts increased by 6.9 per cent in 2004 to reach more than 233,400 units, their highest level since 1987.

«Construction labor costs are astronomical, and that's purely a function of supply and demand for that skilled portion of labor — a demand driven by hurricane rebuilds and not new housing starts necessarily,» Roschelle says, referring to the reconstruction efforts following hurricanes Harvey and Irma.

Higher prices for lumber is one thing, but when labor for construction goes up as well, it becomes difficult to add new housing starts.

Kiplinger forecasters predict new housing starts will top just over 1 million in 2014 — the first time since 2007.

When I started getting excited about all the new «greening» techniques being applied to new houses I started thinking that maybe we were missing the boat on recycling the old ones.

In Regina, a two - bedroom newer house starts at $ 500,000 and up.

«If we don't see the new listings number turn around next month or a pickup in new housing starts, inventory will be a persistent drag on sales for the remainder of the year.»

CMHC is also predicting that home sales and the pace of new housing starts will decline next year before stabilizing in 2018.

In addition, new housing starts in November rose to a seasonally adjusted annual rate of 1.3 million, up 3.3 percent from October and a strong 12.9 percent from a year ago.

In North and South Carolina thousands of textile workers lost their jobs, and in Oregon and Washington half of the lumber workers became unemployed because of the slump in new housing starts.

However, it's unclear how much the area's rapid growth in population and new housing starts will affect mortgage affordability going forward.

The city has recorded 259 new housing starts in 2016.

Housing starts for 2001 numbered 2,045, the sixth straight year that more than 1,000 new housing starts were initiated and the second time in six years that the 2,000 plateau was exceeded.

«The South region is quickly getting back on its feet with a big jump in new housing starts, after a pause in the prior month from the aftermath of the hurricanes,» said Lawrence Yun, chief economist of the National Association of REALTORS ® (NAR), in a statement.

I still see some new housing starts, but they tend to be custom homes, over $ 500K.

While there is plenty of data on new housing starts — an important economic indicator — up until now there has been little information available on...

Collette said there are not too many condominiums currently under construction in the Montreal area, but indicated the pace of new housing starts is expected to slow.

New housing starts have climbed from their early - 2009 trough, but the recovery has been modest, and starts remain significantly below their 2009 peak.