Category Archives: new home construction

Home Construction Down in February 2011

Posted on March 17, 2011 by gatearty

New home construction took a steep nosedive in February. The U.S. Commerce Department annnounced that housing starts (the number of new homes being built) fell 22.5% to an annual rate of 479,000 in February, down from a revised 618,000 units … Continue reading →

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Housing Starts – January 2011

Posted on February 18, 2011 by gatearty

The number of new homes being built (also known as “Housing Starts”), rose 14.6% to an annual rate of 596,000 in January 2011.This is an increase from 520,000 in December 2010. Although economist expected only 540,000units, the number was boosted by … Continue reading →

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What’s With All the “NEW” Sales?

Posted on January 27, 2011 by gatearty

So you hear a lot of bad news about real estate so it’s a good thing you have me around to give you some positive stats from time to time. According to the Commerce Department, month-to-month new home sales surged … Continue reading →

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