housing starts data

Why Home Buyers Should Worry About Falling Housing Starts And Why Sellers Should Cheer Them

April 19, 2009

With respect to housing data, news is rarely positive or negative on a universal level. There’s always two perspectives to consider, after all.

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Home Prices May Have Already Bottomed

March 18, 2009

There’s a mixed message in February’s Housing Starts data and it may be a good sign for home sellers in the near-term. As reported by the government, new home construction rose by 22 percent last month. The press is running with the headline number, calling it evidence of a market bottom .

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Plunging Housing Starts Is Bad News For Spring 2009 Home Buyers

November 20, 2008

When it comes to housing data, there are always two questions to consider: How does this impact buyers? How does this impact sellers? This is why housing data is rarely positive or negative on a universal level — one group of Americans is going to see benefit. Today, it’s home sellers. From the government, we […]

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How Terrible Housing Data Can Actually Help Push Home Values Higher

October 18, 2008

Once again, the headlines may be misleading you.  It’s a good thing that Housing Starts dropped last month — despite what the papers say. A “housing start” is a new residence on which construction has started.  Yesterday, the government released September 2007’s Housing Starts data for the country. There was a 10.2% drop in Housing […]

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Good News For Homeowners : Housing Starts Tumble In July

August 19, 2008

Housing Starts measure the number of new housing “units” on which construction has started and in July, Housing Starts fell to its lowest levels since March 1991. For homeowners, this is a welcome bit of good news because as fewer homes are built, there is less inventory from which home buyers can choose. With fewer homes […]

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The Week In Review (June 18, 2007) : What To Watch For

June 18, 2007

After a tame Consumer Price Index report Friday, mortgage bonds staged a brief rally and rates retreated slightly. Earlier in the week, mortgage rates were at their highest point in almost a year. Unfortunately for rate shoppers, mortgage investors are behaving like Dr. Jekyll and Mr. Hyde right now.  One moment, they hate the outlook […]

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Hot Housing Starts Figure May Push Mortgage Rates Higher

May 16, 2007

Each month, the Commerce Department releases a statistic titled “Housing Starts” that measures residential construction activity. This morning, the Commerce Department released April’s Housing Starts data (PDF) and the headline data reflected a 2.5% (±9.3%) increase in new construction. Markets had anticipated a 0.8% decrease.  This coincided with a decrease in available homes, as shown […]

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The Week In Review (March 19, 2007) : What To Watch For

March 19, 2007

Sub-prime mortgage news dominated the headlines this past week as the Chicken Littles were out in full force.  Perhaps the fears of a credit crunch are overblown, but then again, perhaps there’s reason to worry. Like everything else in the world of economics, it all comes down to expectations. Markets makes predictions about the future […]

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