Housing Starts

Housing starts track the number of new residential construction projects over a month. This indicator has implications for demand in construction spending/jobs, consumer wages, and complementary sectors such as durable household item sales. Along with building permits, housing starts is considered a leading economic indicator. Housing starts fell by -22.25% in March 2020 to an annualized rate of 1.22 million, …

New Home Sales

New single-family home sales represent the number of brand-new houses that were purchased or committed to being purchased over the course of a month. Data pertaining new home sales is collected from the Selling Office Commission and local building permit offices assuming that new houses built are being built to sell. This indicator has a trickle-down effect as demand rises …