Thursday, September 17, 2015

Comments on August Housing Starts

Total housing starts in August were below expectations, and, including the downward revisions to June and July, starts were a little disappointing. However permits were up in August. Earlier: Housing Starts decreased to 1.126 Million Annual Rate in August This first graph shows the month to month comparison between 2014 (blue) and 2015 (red). Even with weak housing starts early in the year, total starts are still running 11.3% ahead of 2014 through August. Single family starts are running 11.1% ahead of 2014 through August, and single family starts were up 14.9% year-over-year in August.......(read more)
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