April spending on new home construction rise by its highest amount in 24 years (+4.5%), and overall construction spending rose to a record level of $1.31 trillion. This new spending level was up 7.6% year-on-year and 1.8% from the previous month.
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Showing posts with label new home building. Show all posts
Showing posts with label new home building. Show all posts
Friday, June 1, 2018
April construction spending up 7.6 percent year-on-year, supported largely by new homes
Tuesday, December 19, 2017
November building permits dip 1.4 percent from October but still up 3.4 percent year-on-year
Privately-owned housing units authorized by building permits in November were at a seasonally adjusted
annual rate of 1,298,000. This is 1.4 percent below the revised October rate of 1,316,000,
but is 3.4 percent above the November 2016 rate of 1,255,000.
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Tuesday, July 18, 2017
Builder confidence dips two points to 64 as lumber prices take a toll
Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016.
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