Tag Archives: housing starts

Whopping 3.9 million more homes needed to meet buyer demand

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From 2012 to 2019, builders constructed 5.9 million homes — far fewer than what’s needed for the 9.8 million households created during the same time period. Continue reading →

Inventory crises could stretch into 2022 and beyond: Zillow

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Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the most pessimistic estimates stretching to 2029. Continue reading →

Housing start data spells good news for recession fears: economist

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The inversion of the yield curve — when long-term interest rates drop below short-term interest rates — this week, was seen as a warning sign to many that another recession was looming. But Friday morning’s housing start data means we shouldn’t sound t… Continue reading →

New York Fed calls US housing market ‘anemic’ and ‘lackluster’

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Existing-home sales activity lagged in June, with single-family home sales falling 1.5 percent to 4.69 million units, according to the report. Continue reading →

Construction jobs gap is holding back housing starts: NAR study

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Construction jobs remain below pre-recession levels — and the employment gap is dragging down housing starts, according to a new study from the National Association of Realtors. Continue reading →

Housing starts rebound from December, still down annually

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Privately owned housing starts increased 18.6 percent from December 2018 to January 2019 but was still 7.8 percent lower than January 2018, according to the most recent statistics from the U.S. Census Bureau and the U.S. Department of Housing and Urban… Continue reading →

10 housing markets poised for explosive growth in 2019

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The thread that ties these metros together is affordability — something that buyers have struggled to find over the past few years as supply has failed to meet demand. Continue reading →