New Housing Construction Activity Increases in May

June 16, 2011 (Chris Moore)

New residential construction received a boost in May as building permits, housing starts, and housing completions all experienced gains according to the latest data released by the Census Bureau.

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Residential Construction Increases in April

June 2, 2011 (Shirley Allen)

Private residential construction spending increased 3.1 percent to a seasonally adjusted annual rate of $232.1 billion in April 2011 compared to March according to the U.S. Census Bureau, however, overall private residential construction spending was down 12.1 percent from April 2010.

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Single-Family Delinquencies Continue to Decline at Freddie Mac

June 1, 2011 (Jeff Alan)

Freddie Mac reports that the delinquency rate for single-family homes in its mortgage portfolio decreased to 3.57 percent based on data released in its Monthly Volume Summary for April 2011. That is down from 3.63 percent in March and down from 4.06 percent in April 2010.

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Housing Starts Plummet as Consumer Confidence Wanes

May 18, 2011 (Shirley Allen)

Housing starts fell 10.6 percent nationwide in April to a seasonally adjusted rate of 523,000 units, with housing starts for single-family homes dropping 5.1 percent, and multi-family housing starts dropping a whopping 24.1 percent according to newly released figures from the Commerce Department.

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