Housing Starts

Mar. Housing Starts: 946K vs. 965K expected and 920K (revised) in Feb.

Permits 990K vs. 1.01M expected and 1.01M (revised) in Feb.

Comments (6)
  • bbro
    , contributor
    Comments (11240) | Send Message
    6 month moving average of housing starts is well above the 18 month moving average....no recession in sight....


    6 month moving average continues to move northward....
    16 Apr 2014, 08:35 AM Reply Like
  • permanent
    , contributor
    Comments (500) | Send Message
    A sad number after such a cold winter there should have been a higher number of starts and permits.
    Economy is not getting on its feet.
    A lot of structural problems like education. To many people with a sales background no blue color workers for manufacturing with real skills like welding.
    16 Apr 2014, 08:43 AM Reply Like
  • curbyourrisq
    , contributor
    Comments (154) | Send Message
    Maybe when everyone realizes a few things about the housing market can it finally and CORRECTLY bottom out - which is necessary for it truly to recover on its own.
    1) The "recovery" is only due to extreme ease in interest rates not done by the market but by an over zealous FED.
    2) The majority of house purchased in the last few years have been by "investors" and not people looking to live in a home. This was originally promoted by the FED who was guaranteeing LOW interest loans to private equity to activley support pricing in the markets. They ticked the prices up higher - effectively pricing individuals out of the markets. Now the P/E firms want to dump or unload these homes on "OTHER INVESTORS" - good luck
    3) Banks simply are not cooperating with the FED and are keeping loan requirements high - something they are SUPPOSED to do to protect their own shareholders.


    This is what happens when you effectively manipulate a market for the sole purpose of "creating the preception of strength". Markets ONLY WORK when markets are allowed to work on their own. Bad investors should be punished and not bailed out.


    The FED is the cause and root of all evils over the past 20 years.
    16 Apr 2014, 09:07 AM Reply Like
  • bbro
    , contributor
    Comments (11240) | Send Message
    "The FED is the cause and root of all evils over the past 20 years."


    and I thought it was the Tuck rule....
    16 Apr 2014, 01:19 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3506) | Send Message
    ALL evils?
    16 Apr 2014, 06:15 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3506) | Send Message
    Huh, report from home builders blamed lack of empty lots available, the disappearance of qualified labor due to the Great recession, and too stringent loan requirements. I'll take the opinion of people in the business.
    16 Apr 2014, 09:27 AM Reply Like
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