Gary Bolis Jr

Check this out: https://www.census.gov/construction/nrc/pdf/newresconst.pdf MONTHLY NEW RESIDENTIAL CONSTRUCTION, JANUARY 2018 February 16, 2018 - The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for January 2018: NEW RESIDENTIAL CONSTRUCTION JANUARY 2018 Building Permits: 1,396,000 Housing Starts: 1,326,000 Housing Completions: 1,166,000 Next Release: March 16, 2018 Seasonally Adjusted Annual Rate Source:  U.S. Census Bureau, HUD, February 16, 2018 Building Permits Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,396,000. This is 7.4 percent (±1.2 percent) above the revised December rate of 1,300,000 and is 7.4 percent (±1.9 percent) above the January 2017 rate of 1,300,000. Single-family authorizations in January were at a rate of 866,000; this is 1.7 percent (±1.3 percent) below the revised Dece...

Home prices surge 6.3% in December amid critical housing shortage GOOD READ... https://www.cnbc.com/2018/02/27/home-prices-surge-amid-critical-housing-shortage.html U.S. home prices increased 6.3 percent compared with December 2016, according to the much-watched S&P CoreLogic Case-Shiller national home prices index. The boom is strongest in Seattle, Las Vegas and San Francisco, which reported the highest gains. Chicago, Cleveland and Washington, D.C., saw the smallest gains. None of the top 20 markets saw an annual price decline Sky-high demand and record-low supply continued to push home prices higher in December, far faster than income growth. U.S. home prices increased 6.3 percent compared with December 2016, according to the much-watched S&P CoreLogic Case-Shiller national home prices index. That is an increase from 6.1 percent annual growth in the previous month. The index measuring the nation's 20 largest metropolitan markets rose 6....