Market Data

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected]. Multifamily Starts: According to the Census Bureau and the U.S. Department of Housing and Urban Development, multifamily housing starts—both two to four unit buildings and buildings with five or more units combined—recorded a steep decline in September. Over the month, multifamily starts fell by 38 percent from a seasonally adjusted annual rate of 426,000 to 264,000, starts of buildings with two to four units dropped from 17,000 to 14,000, but starts of five or more unit buildings declined by 38.9 percent from 409,000 to 250,000. Over the past 12…

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected]. Multifamily Starts: Housing starts of buildings with five or more units fell by 6.9 percent over the month of August 2016 to a seasonally adjusted annual rate of 403,000. Despite the monthly decrease, the number of starts of buildings with five or more units eclipsed 400,000 for the third consecutive month. Year-to-date, the average number of starts per month of buildings with five or more units is 382,000. Over the same period in 2015, encompassing the months of January through August, starts of buildings with five or more units…

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected]. Multifamily Starts: Housing starts of buildings with five or more units rose by 8.3 percent over the month of July 2016 to a seasonally adjusted annual rate of 433,000. This is the highest level of five or more unit housing starts since September 2015. The month-over-month increase in July is the fourth consecutive month of recorded gains. Over this four-month period, from April to July, starts of buildings with five or more units rose by 22.7 percent. Measured at a seasonally adjusted annual rate, the average number of housing…

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected]. Multifamily Starts: Housing starts of buildings with five or more units rose by 1.6 percent over the month of June 2016 to a seasonally adjusted annual rate of 392,000. The month-over-month increase in June is the third consecutive month of recorded gains. Over this three-month period, the months covering the second quarter of 2016, starts of buildings with five or more units rose by 11.0 percent and the number of starts averaged 385,000 per month. The average number of housing starts of buildings with five or more units registered…

Michael Neal, a senior economist with the National Association of Home Builders (NAHB), gives commentary and data on interest rates, sales prices and more.

Market Pulse section compiled by Suzann Silverman. To comment, email [email protected]. Multifamily Starts: Housing starts of buildings with five or more units rose by 10.7 percent to a seasonally adjusted annual rate of 373,000. After averaging 343,000 on a seasonally adjusted annual rate over the first three months of the year, the number of these starts recorded in April is nearer to the levels recorded in both November 2015, 379,000, and December 2015, 378,000. Relative to all starts, single-family, two to four unit buildings, and five or more unit buildings, five or more unit buildings account for 32 percent of…