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housing starts

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housing starts

A statistic tracked by the U.S.Census Bureau (www.census.gov) and by many local real estate and builder organizations;indicates the number of new homes on which construction has started within a certain time period,usually one month and one year.



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In recent months, virgin resin markets began to slacken in tandem with slower housing starts and automobile sales.
Overall housing starts last month, as measured by the number of building permits issued, fell 43 percent from June.
Following the warmest January on record that helped spur a 16% jump in new-home construction, the housing market showed signs of cooling in February, with total housing starts down 7.
 
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