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Housing starts is an economic indicator that reflects the number of privately owned new houses (technically housing units) on which construction has been started in a given period. These data are divided into three types: single-family houses , townhouses or small condos , and apartment buildings with five or more units.
Starts for multi-family housing soared 58.9% to a pace of 418,000 units. Overall housing starts jumped 15.8% to a rate of 1.499 million units, the highest level since last February.
Starts soared 47.4% in the Northeast and increased 11.6% in the Midwest, which is considered the most affordable region. Homebuilding rose 2.8% in the West. Single-family starts increased 5.2% ...
Starts for the volatile multi-family housing segment soared 58.9% to a pace of 418,000 units. Overall housing starts jumped 15.8% to a rate of 1.499 million units, the highest level since last ...
These regional housing shortages have had nationwide effects. Rates of migration within the United States have fallen, housing costs have risen in areas that would otherwise provide quality jobs, and incomes from region to region have increasingly diverged. [12]
$700,000+ Cost of housing by State This article contains a list of U.S. states and the District of Columbia by median home price , according to data from Zillow . List U.S. states and D.C. by median home price
Starts for multi-family housing plunged 24.1% to a pace of 264,000 units, the lowest level since March. Overall housing starts dropped 1.8% to a rate of 1.289 million units.
Starts for multi-family housing jumped 9.8% to a pace of 326,000 units. Overall housing starts dropped 3.1% to a rate of 1.311 million units. Economists polled by Reuters had forecast housing ...