Building Permits Blogs - Page 1

The Department of Commerce announced this morning that new residential construction declined in April in terms of building permits, housing starts and housing completions.

Here are the stats:
* 494,000 building permits issued, down 3.3 percent from March, down 50.2 percent from a year earlier
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The number of new private home construction projects rose by 22 percent last month as compared with January. But they fell by 47 percent as compared with one year ago.

The number of building permits issued increased by 3 percent compared with January. But they fell by 44 percent since February 2008.

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U.S. Treasury Secretary Tim Geithner Written Testimony -- As prepared for delivery House Ways and Means Committee Hearing March 3, 2009

Chairman Rangel, Ranking Member Camp, members of the Committee, thank you for providing me the opportunity to appear before you today to discuss the President's…

If you want to know why Obama picked Arizona to annouce the Homeowner Affordability and Stability Plan, take a look at these statistics that were compiled by the White House and released in a media briefing plan. (Sourcing is noted at the end of respective paragraphs.)

Arizona jobs, unemployment and…

Here's what we received in media briefing papers from the White House:

Homeowner Affordability and Stability Plan Executive Summary

The deep contraction in the economy and in the housing market has created devastating consequences for homeowners and communities throughout the country.

• Millions of…

Numbers for New Construction in December 2008 are out. Still no good news.

Building permits in December 2008 fell 10.7% from November and declined 50.6% from December 2007, to 549,000. For 2008 overall, building permits fell 36.2% from 2007, to 892,500. Housing starts in December 2008 declined 15.5…

I'm at the National Association of Real Estate Editors meeting in downtown Dallas. We're at a lovely hotel/condo called The Magnolia, which is a building that used to be owned by Mobil Oil. There's a huge red Pegasus at the top of the building. In fact, right now I'm sitting in a ballroom called the…

More bleak housing data.

The number of building permits issued fell 5.8 percent from February to March, the U.S. Department of Housing and Urban Development and the Census Bureau announced today.

They declined by almost 41 percent from a year earlier.

Builders started constructing fewer new homes as…

Ever seen one of those big, dark storm clouds over the horizon? It's gray and ominous. That's how the housing news seems lately.

The U.S. Departments of Housing and Urban Development and Commerce released today January's new construction data - a.k.a housing starts. One thing's for sure, the heady…