Total
housing starts peaked at a 131,000 unit annual rate in March 2018.
These are exceptional figures for urban
housing starts, Export and Trade Development Minister Jeremy Harrison said.
Economists polled by Reuters had forecast
housing starts rising to a 635,000-unit rate.
Owner-occupied
housing starts last year increased 7.2 percent to 305,221 units, while rental homes fell 7.3 percent to 298,014 units for the second straight year of decline.
To my knowledge, this is the first study to report differential effects of number of houses sold and number of houses for sale on the
housing starts. In particular, using cross-correlation analysis, I find the relationship between
housing starts and the number of houses sold is positively correlated (as number of houses sold increase,
housing starts increase) at least for two years.
The Commerce Department said on Tuesday
housing starts rose 1.7% to a seasonally adjusted annual rate of 546,000 units.
Privately owned
housing starts fell 10.8% to a seasonally adjusted rate of 510,000, according to data by the U.S.
Regionally, both
housing starts and permits were down in the Northeast and Midwest, and rose in the South and West, compared with January.
This segment may be ubiquitous to consumers, but the entrenchment of aluminum in packaging, especially beverage containers, helps prevent a sharp drop in overall aluminum production when auto or
housing starts soften.
Housing starts in Japan rose 4.7 percent in fiscal 2005 over the previous year to 1,248,807 units for the third consecutive yearly increase, the government said Friday.
Specifically the McIntyre Ward accumulated 52
housing starts followed by Red River ward with 43 and Neebing with 42.
The latest snapshot of UK house completions has revealed there were 40,300
housing starts in England during the quarter to December 2004 - up 13 per cent on the same period in 2003.
