U.S. housing starts trending up | Pound Ridge Real Estate

Housing Starts in the United States is expected to be 1150.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in the United States to stand at 1230.00 in 12 months time. In the long-term, the United States Housing Starts is projected to trend around 1280.00 Thousand in 2020, according to our econometric models.

Forecast Actual Q3/16 Q4/16 Q1/17 Q2/17 2020 Unit
Housing Starts 1189 1150 1170 1210 1230 1280 Thousand
United States Housing Starts Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Housing Starts using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for – United States Housing Starts – was last predicted on Tuesday, July 19, 2016.
United States Housing Last Q3/16 Q4/16 Q1/17 Q2/17 2020
Building Permits 1153 1130 1141 1152 1178 1315
Housing Starts 1189 1150 1170 1210 1230 1280
New Home Sales 551 475 517 510 510 590
Pending Home Sales -0.2 0.88 0.72 0.91 1.04 1.26
Existing Home Sales 5530 5472 5453 5439 5417 5182
Construction Spending -0.8 0.4 0.3 0.3 0.2 -0.9
Housing Index 0.2 0.41 0.4 0.39 0.38 0.31
Nahb Housing Market Index 59 59 60 60 59 53
Mortgage Rate 3.6 5.1 3.68 3.73 3.77 6.5
Mortgage Applications 7.2 0.48 0.53 0.53 0.53 0.53
Home Ownership Rate 63.5 63.53 63.53 63.53 63.53 63.53
Case Shiller Home Price Index 187 192 192 192 193 211

read more…

 

http://www.tradingeconomics.com/united-states/housing-starts/forecast

This post was last modified on July 19, 2016 10:31 am

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

Recent Posts

Out of Sevice with brain injury since November.

Just back out of hospital in early March for home recovery. Therapist coming today.

1 year ago

Existing home sales down 28% | Katonah Real Estate

Sales fell 5.9% from September and 28.4% from one year ago.

1 year ago

Single-Family Housing Contraction Continues | Bedford Hills Real Estate

Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…

1 year ago

Closed Median Sale Price in Hudson Valley/NYC Markets Declined by 2.50% in October | Bedford Real Estate

OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…

2 years ago

Building Materials Prices Decline for Second Consecutive Month | Pound Ridge Real Estate

The prices of building materials decreased 0.2% in October

2 years ago

Mortgage rates drop with inflation drop | Bedford Corners Real Estate

Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.

2 years ago

This website uses cookies.