For instance, if housing starts indicate fewer single-family and more multifamily begins, it may point out an impending provide shortage for single-family homes—which might drive up home prices. The following chart exhibits 20 years of housing starts, from Jan. 1, 2000, to Feb. 1, 2020. Investors and analysts keep an in depth eye on housing begins because the numbers can provide a basic sense of financial course.
Stand out and gain a competitive edge as a business banker, loan officer or credit analyst with superior knowledge, real-world evaluation expertise, and career confidence. Statistics about new home construction are necessary leading economic indicators. They can provide you a heads-up on the way ahead for the housing market. All data provided herein has been obtained from sources believed dependable, but may be topic to errors, omissions, change of worth, prior sale, or withdrawal with out discover. Christie’s International Real Estate and its …