Applications to begin work on single-family houses, the largest and most economically significant part of the market, climbed to a 699,000 rate, the highest since January 2008.
Single-family starts fell 3 percent last month to a 739,000 rate from a seven-year high of 762,000 in July.Work on multifamily homes, such as condominiums and apartment buildings, also declined 3 percent to an annual rate of 387,000. Data on these projects, which have led housing starts in recent years, tend to be volatile.
Three of four regions showed decreases in starts last month, led by a 33.7 percent slump in the Northeast, according to the report. The South showed the only advance.
Homebuilders have remained optimistic about the conditions and outlook in the residential real estate market. The National Association of Home Builders/Wells Fargo builder sentiment index rose to 62 this month, the highest level since October 2005, from 61 in August, the group’s report showed Wednesday. Measures of buyer traffic and single-family sales both advanced, while a gauge of the outlook remained close to its highest in a decade.
Börja med språket för att effektivisera processen
17 september 2015
Perenn-parken, Skärholmen, Siennaprisnominerad 2014
Foto: Peter Lydén
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Applications to begin work on single-family houses, the largest and most economically significant part of the market, climbed to a 699,000 rate, the highest since January 2008.
Single-family starts fell 3 percent last month to a 739,000 rate from a seven-year high of 762,000 in July.Work on multifamily homes, such as condominiums and apartment buildings, also declined 3 percent to an annual rate of 387,000. Data on these projects, which have led housing starts in recent years, tend to be volatile.
Three of four regions showed decreases in starts last month, led by a 33.7 percent slump in the Northeast, according to the report. The South showed the only advance.
Homebuilders have remained optimistic about the conditions and outlook in the residential real estate market. The National Association of Home Builders/Wells Fargo builder sentiment index rose to 62 this month, the highest level since October 2005, from 61 in August, the group’s report showed Wednesday. Measures of buyer traffic and single-family sales both advanced, while a gauge of the outlook remained close to its highest in a decade.
Single-family starts fell 3 percent last month to a 739,000 rate from a seven-year high of 762,000 in July.Work on multifamily homes, such as condominiums and apartment buildings, also declined 3 percent to an annual rate of 387,000. Data on these projects, which have led housing starts in recent years, tend to be volatile.
Three of four regions showed decreases in starts last month, led by a 33.7 percent slump in the Northeast, according to the report. The South showed the only advance.
Homebuilders have remained optimistic about the conditions and outlook in the residential real estate market. The National Association of Home Builders/Wells Fargo builder sentiment index rose to 62 this month, the highest level since October 2005, from 61 in August, the group’s report showed Wednesday. Measures of buyer traffic and single-family sales both advanced, while a gauge of the outlook remained close to its highest in a decade.