Nationwide Housing Starts At 12-Year High
✉️ Want to forward this article? Click here.
Construction began on 1.36 million housing units in August — a 12 percent jump compared to July, and 6.6 percent higher than observed in August 2018. The monthly total is the highest number of housing starts since June 2007.
story continues below
story continues above
Residential building permits in August also increased to 1.42 million, 7.7 percent more than in July and 12 percent higher than August 2018. The last time building permits were this high was May 2007. Also, 1.29 million housing units were completed in August, 2.4 percent higher than July and 5 percent higher than August 2018.
These strong numbers gel with Zillow stating that builder confidence is at an annual high despite economic uncertainties.
See other articles related to: building permits, construction, new construction, zillow
This article originally published at https://dc.urbanturf.com/articles/blog/nationwide-housing-starts-strongest-in-12-years/15900.
Most Popular... This Week • Last 30 Days • Ever

Cash-out refinancing is a popular financial strategy that allows homeowners to conver... read »

Plans to redevelop a strip mall along the thoroughfare are back in the works after a ... read »

Today, UrbanTurf checks in on the status of the development pipeline over in Congress... read »

A new report continues to find that there is an uptick in new listings coming online ... read »

The new 230-room citizenM hotel is expected to open at the beginning of 2026.... read »
- How Does Cash-Out Refinancing Work?
- 262-Unit Development With 'Main Street' Retail Pitched For Columbia Pike
- St. E's And More: A Look At The Congress Heights Residential Pipeline
- Three Months In, How Is DOGE Affecting The DC-Area Housing Market?
- Georgetown Hotel Along Water Street Set To Deliver Next Year
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro