Housing Starts Fall in January

Housing Starts Fall in January

Housing starts fell 2% in January to a 1.07 million annual rate from 1.09 million in the prior month. The decline was primarily due to a drop in single-family starts which contracted by 6.7 percent to a 678,000 rate in January from 727,000 the previous month. The latest housing start figure seems to indicate that the housing recovery continues to be uneven.

Read More

Previous Homebuilder Confidence Slips in February
Next OC New Home Market Takes a Breather

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Housing Market

Balanced Market in San Diego

Broker sees benefits to both buying or selling homes in the highly desirable San Diego market. Among his picks as two of the top submarkets – North County and the

Housing Market 0 Comments

Mortgage Credit Likely to Expand

Recent announcements from government agencies involved in the mortgage industry indicate that mortgage credit is likely to expand soon. Among other imminent changes are lower down payment requirements which would

Housing Market

Cities Can’t Assume a Continued Boost From the Young

Over the past decade, many American cities have been transformed by young professionals of the millennial generation, with downtowns turning into bustling neighborhoods full of new apartments and pricey coffee