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More on Housing Starts: Seasonally adjusted rate fell 8.5% sequentially, +23.6% Y/Y....

More on Housing Starts: Seasonally adjusted rate fell 8.5% sequentially, +23.6% Y/Y. Single-family starts of 613K +0.8% from December, meaning January's decline was due to a big drop in volatile multi-family starts. Building permits of 925K, up 1.8% sequentially, +35.2% Y/Y. (full report)
Comments (7)
  • bbro
    , contributor
    Comments (9445) | Send Message
     
    Hint..the year over year numbers are predictive...
    20 Feb 2013, 08:43 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    sounds like the multi family is slowing down...and it should.....where I live.....Denver Colorado...thousands of new apartments.....overbuilt I think
    20 Feb 2013, 09:04 AM Reply Like
  • anonymous#12
    , contributor
    Comments (552) | Send Message
     
    UP 23.6% y-y. Excellent Numbers....
    20 Feb 2013, 09:10 AM Reply Like
  • al roman
    , contributor
    Comments (4766) | Send Message
     
    Steady as she goes.
    20 Feb 2013, 09:51 AM Reply Like
  • june1234
    , contributor
    Comments (2549) | Send Message
     
    Excellent. TOL , citing lower average prices missed earnings badly, revenues dropping $73M . A law just took effect in California Jan 1 delaying foreclosures , passed by the legislature last summer after they determined 366,000 foreclosures with another 700,000 on deck was too much in their housing recovery.http://bit.ly/WPafVS
    20 Feb 2013, 09:57 AM Reply Like
  • june1234
    , contributor
    Comments (2549) | Send Message
     
    Here's an idea move all the homes just sitting around before building new ones.
    20 Feb 2013, 10:11 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10368) | Send Message
     
    Nah, we have too many groups buying in bulk weekly only to rent them out!!
    20 Feb 2013, 12:34 PM Reply Like
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