housing starts Archive

Instant Reaction: May Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s release from the U.S. Commerce Department on May new home construction: “New home construction activity soared to its highest level in over a decade, which is fantastic...
June 19, 2018

Instant Reaction: February Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on residential construction in February: “The fall in housing starts in February is a movement in the wrong direction. The key to economic...
March 16, 2018

Instant Reaction: January Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s release from the U.S. Commerce Department on January new home construction: “Terrific news on housing starts in January with a solid 10% gain. This rise in single-family...
February 16, 2018

Instant Reaction: December Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on residential construction in December: “The latest decline in the volatile housing starts data is disappointing, but surely not lasting. New home construction...
January 18, 2018

Instant Reaction: November Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on November housing starts: “A welcoming trend is developing in the housing sector as builders are able to bring more supply to the...
December 19, 2017

Instant Reaction: October Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on residential construction in October: “The South region is quickly getting back on its feet with a big jump in new housing starts,...
November 17, 2017

Instant Reaction: September Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on September housing starts: “The one month fall in new home construction, especially in the South region in light of Hurricane recovery, is...
October 18, 2017

NAR Instant Reaction: August Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on residential construction in August. “Following August’s decline in new home construction, there will no doubt be a further temporary setback to housing...
September 19, 2017

Instant Reaction: July Housing Starts

Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report on July housing starts: “The housing shortage in America will intensify if new construction remains as lackluster as it was in July. The softening multifamily housing starts...
August 16, 2017

Instant Reaction: June Housing Starts

Below is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce report of a June rebound in housing starts: “Though a recovery in housing starts in June is welcome news, more consistent gains are needed to help...
July 19, 2017