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
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.