SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Ramsey Su3/16/2006 9:23:43 AM
  Read Replies (2) of 110194
 
census.gov

once again, housing starts report solidly retained the most uninformative title. I have no clue what it is telling me.

Assuming their NOT seasonally adjusted numbers are correct, is it safe to use that as the number of new homes that will be coming down the pipeline and must be absorbed by the market?

Now compare this to new home sales.
census.gov

Let me see if I understand this correctly. We are building at a pace of around 2 million per year and sales is around 1.3 million per year. So there are 700k or about 1/3 of these starts that are for personal consumtion and never sold?

Personally, I like to see the Census Bureau combine Housing Starts, Construction Spending and New Home sales into one report. May be that will show us something a little more meaningful.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext