New total housing starts is a measure of the number of new residential construction projects that have begun during a given period of time, typically a month. It is an important economic indicator because it reflects the level of activity in the housing market and can have a significant impact on the overall economy.
New total housing starts are reported by the U.S. Census Bureau and are based on the number of building permits issued for new construction. They include both single-family homes and multi-family units, such as apartments and condominiums.
An increase in new total housing starts is generally seen as a positive sign for the economy because it indicates that there is strong demand for housing and that builders are confident in the market. An increase in new housing starts can lead to increased employment in the construction industry, as well as increased demand for building materials and other products used in construction.
On the other hand, a decrease in new total housing starts can be a sign of a slowdown in the housing market and can have negative implications for the economy. It can lead to decreased employment in the construction industry and reduced demand for building materials and other construction-related products.
New Total Housing Starts Market Alerts alert you whenever a new total housing starts number is released by the U.S. Census Bureau & U.S. Department of Housing and Urban Development on a monthly basis.
With Stock Alarm you can set new total housing starts market alerts. When your alert triggers you will receive a notification via push notification, email, phone call, or text message.
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