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housing

U.S. Census: Housing Starts Surge 11.8% In November 2021

Washington, D.C. - In November 2021, housing starts in the United States increased 11.8 percent to an annualized rate of 1.679 million, the highest level since March and well above the market consensus of 1.568 million. Single-family housing starts increased 11.3 percent to 1.173 million, while units in buildings with five or more units
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Debt Ceiling Raise Passes Senate and Heads To House Vote

Washington, D.C. - Nancy Pelosi and other leaders in Washington worked into the midnight hours last night coming together on passing the debt limit increase. The measure now heads to the house. The debt ceiling crisis and infrastructure bill are a major hurdle right now to get the country on track for a prosperous outcome. We are tracking
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HOUSING STARTS AT HIGHEST LEVEL SINCE 2006. LUMBER AT NEW RECORD HIGH

US Housing Starts Highest Since 2006 US housing starts shot up 19.4% to 1.739 million in March. This is the highest level since June 2006 and well above analysts estimates of 1.613 million.The housing market has gained strength the last year due to low interest rates and increased population shift swaying from  cities due to the coronavirus…
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