Friday, July 30, 2010

Housing Starts Ease 0.7 Percent In June — 7x Better Than The Headline Data

July 21, 2010 by Steve deGuzman · Leave a Comment 

Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide.

Good News For Sellers : Housing Starts Fall To 1-Year Low In May 2010

June 17, 2010 by Steve deGuzman · Leave a Comment 

Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It’s no wonder home builders are confused.

Housing Starts Rise In April, Exerting Downward Pressure On Home Prices

May 19, 2010 by Steve deGuzman · Leave a Comment 

Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.

Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires

April 20, 2010 by Steve deGuzman · Leave a Comment 

A Housing Start is a new home on which construction has started and, over the last 6 months, home builders are averaging one half-million starts per month. This marks the highest 6-month average since 2008 and a reading one-fifth percent better from 12 months ago. Revisions to prior data have all been higher, too.

Single-Family Housing Starts Hold Steady For The 8th Straight Month

March 18, 2010 by Steve deGuzman · Leave a Comment 

Single-family Housing Starts idled last month, dropping just 3,000 units from the month prior, or 0.2%. According to the Commerce Department’s report, February marked the 8th straight month in which Housing Starts straddled the half-million marker, dating back to June 2009.

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