housing start

housing starts rose but to a much weaker rate than expected in July, while permits for future home construction fell to their lowest level in more than a year, pointing to a weak economic recovery.

Canada Mortgage and Housing Corporation figures are also pointing to another strong year for housing starts in Northern Ontario.

Despite factors that almost ensure a nationwide decline in housing starts this year, economic forecasters believe the decline will push housing starts to a sustainable level after a period of unsustainable growth.

The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1.19 million units.

The six negative index components for the month were unemployment insurance (inverted), housing starts, house prices, industrial electricity demand, total trade and the Dow Jones Tech Index.

Areas experiencing most housing starts included Dun Laoghaire, Rathdown, Fingal, and the counties of Galway, Carlow, Meath and Wicklow.

US: Housing Starts Housing starts totalled 780,000 in 2012, up from 609,000 in 2011.

Summary: WASHINGTON - Housing starts and permits for future construction in the United States jumped to a 1-1/2 year high in November as demand for rental apartments rose, suggesting the housing market was starting to recover.

29 November 2011 - Norwegian housing starts totalled 22,711 in the first 10 months of 2011, up by 34.2% from a year earlier, preliminary figures by Statistics Norway showed today.

Housing starts in Japan turned upward in 2010, rising 3.1 percent from the previous year to 813,126 units, backed by the advantageous interest rate for housing loans and the government's ''eco-point'' incentives, the infrastructure ministry said Monday.

WASHINGTON -- Characteristic volatility in the multi-family sector pushed nationwide housing starts down 10.8% in March as production of single-family homes remained unchanged, according to numbers released by the U.S.

housing starts spiked 22% in February--the first uptick in 8 months.

Commerce Department reported that housing starts in February amounted to 1.5 million units at an annual rate, or 9 percent above the January figure.