According to the Census Bureau’s report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.
The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.
Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.
According to the Commerce Department, the number of single-family Housing Starts increased to 452,000 units in September, a 19,000 improvement over August.
The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.
Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.
Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide.
-
Categories
- Adjustable Rate Mortgages
- Around The Home
- Around The Hoome
- Around The House
- Budgeting
- Case-Shiller Index
- Consumer Confidence
- Credit Scoring
- Existing Home Sales
- Federal Reserve
- FHA Mortgages
- FOMC
- FOMC Minutes
- Foreclosures
- Home Appliances
- Home How To
- Home How-To
- Home Improvement
- Home Price Index
- Home Safety
- Home Values
- Homebuilders
- Homebuyer Tax Credit
- Household Finances
- Housing Analysis
- Housing Starts
- Interesting Homes
- Jobs
- Kitchen Gadgets
- Mortgage Guidelines
- Mortgage Rates
- New Home Sales
- Pending Home Sales
- Personal Finance
- Rankings
- Real Estate Definitions
- Retail Sales
- Statistics
- Tax Tips
- Taxes
- The Economy
- Uncategorized
- Wall Street
-
Articles
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
-
Meta
