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WhatWood Wood house building USA: In January 2019, US housing starts climbed 18.6 %

USA: In January 2019, US housing starts climbed 18.6 %

11 March 2019 ` 19:00  

On March 08, 2019, the U.S. Department of Commerce reported that in January 2019, the number of new home mortgages in the United States increased by 18.6%, after a decline observed in December last year, which exceeded the forecasts of experts. But compared to January 2018g., a number of bookmarks in January 2019. it decreased by almost 8%.

However, the annual figure was revised upwards from 1.04 million units to 1.23 million units. With the current positive dynamics in the housing market, economists forecast sales growth of new homes in 2019.

So, Matthew Speakman (Matthew Speakman), an analyst at Zillow, said that in the next few months the housing market situation will change slightly. But in the future, it will improve. Zillow was founded in 2006 and specializes in real estate. The company’s database contains information about more than 110 million objects, including houses for sale and lease.

Most of the new housing is single-family prefabricated houses. Their construction is begun from may 2018 To January, the number of new single-family homes increased by 25.1% to 926 thousand units. And the increase in new housing for several families was insignificant – only 2.4% to 304 thousand units.

 

Based on US News and Zillow Research

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