Homebuilder Confidence Keeps Slipping Despite Housing Starts Bounce
A bump in construction of new single-family homes last month didn’t help homebuilders feel any better about their business prospects.
Forecast: Big Drop in Home Sales, Big Jump in Multifamily Starts
Economists at Fannie Mae expect a significant drop in sales of existing single-family homes this year, along with a significant jump in the start of construction on multifamily buildings.
CT Housing Permits Beating 2021 Trends
Connecticut’s towns and cities permitted 394 new housing units in June, bringing the year-to-date total to 2,294 units, or 344 than at the same time last year.
Homebuilder Confidence, Nationwide Housing Starts Drop Dramatically
Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales, buyer traffic and housing starts according to new data.
Conn. on Track for More Homebuilding in 2022
Monthly housing permit figures released by state officials last week suggest Connecticut’s housing production is off to a strong start in 2022.
CT Housing Permits Fell by Half in May
Permits for new housing units collapsed statewide in May when lumber prices hit record highs, new data shows.
Housing Permits Fall Year-Over-Year
Connecticut municipalities permitted 25 percent fewer housing units through the end of February this year than they had by the end of February 2020
Housing Starts Tumble Amid High Lumber Costs, Storms
Severe winter weather in much of the country and spiking lumber prices pushed home construction down a sharp 10.3 percent in February while applications for new construction fell by 10.8 percent.
Homebuilding Gets Slow Start in 2021
Connecticut’s cities and towns authorized a mere 205 new housing units last month despite signs the intense demand for single-family houses will continue unabated this year.
CT Housing Permits Retreated in October
After accelerating over the summer, the number of new homes permitted in Connecticut dropped by more than one-third in October.
Home Construction Spikes in Northeast
U.S. home construction rose a solid 1.9 percent in September after having fallen in the previous month, as home building continues as one of the bright spots of the economy.
CT Building Permits Jump in May
Despite the coronavirus pandemic, Connecticut’s municipalities approved more housing units in May of this year than they did one year ago, according to statistics released by the state Department of Economic and Community Development.
CT Housing Starts Up 34 Percent in 2019
The construction industry is poised for a banner year in 2020 with permits for new housing issued in 2019 up 34 percent from the year before.
US Construction Spending up 0.6 Percent, Led by Housing
Spending on U.S. construction projects rose a solid 0.6 percent in November as gains in home building and government projects offset weakness in nonresidential construction.
Price for New Home Lots in New England Over Twice the National Median
Lots for new-build single-family homes reached a new record high nationwide in 2018, with prices in the five New England states sitting at more than double the national median.
Statewide Housing Starts Up 10 Percent Year-Over-Year
Three-quarters of the way through 2019, Connecticut cities and towns have permitted over 10 percent more housing units than they had by the end of September 2018
US Home Construction Fell 9.4 Percent Last Month
U.S. home building fell last month, driven by a sharp decline in the construction of new apartments.
CT Housing Starts Up Year-Over-Year
Connecticut has permitted 7 percent more housing units through the end of August than it had by the same time last year, according to data recently released by the state Department of Economic and Community Development.
Multifamily, Single-Family Building Permits Surge
New data from the U.S. Census Bureau shows construction permits for multifamily and single-family housing have surged statewide since the start of 2019.
Data Show 2018 Surge in New Haven Multifamily Permits
Recent data from the National Association of Home Builders show multifamily construction in the greater New Haven area grew dramatically in 2018, while the same sector showed a large decline in Fairfield County.
