Northeast Sees Big Jump In October Housing Starts

Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

Remodeling is expected to continue into 2018

US Housing Starts Drop; Permits Rise To One-Year High

U.S. homebuilding fell in January as the construction of multifamily housing projects dropped, but upward revisions to the prior month’s data and a jump in permits to a one-year high suggested the housing recovery remained on track.

US Housing Starts Rise More Than Expected In June

U.S. housing starts rose more than expected in June as construction activity increased broadly, but a downward revision to the prior month’s data pointed to a housing sector treading water in the second quarter.