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受多户住宅项目提振 美国3月新屋开工总数创2006年以来新高

Boosted by multi-family housing projects, the total number of new housing starts in the United States in March reached the highest level since 2006.

Zhitong Finance ·  Apr 19, 2022 22:00

Data released by the US government on Tuesday showed that the total number of new housing starts rose to an annualised 1.79 million in March, the highest level since 2006, boosted by multi-family housing projects, and the market is expected to be 1.74 million, Zhitong Financial APP has learned. The total number of construction permits (reflecting future construction activities) is 1.87 million, and the market is expected to be 1.825 million.

The number of single-family housing starts has declined slightly, equivalent to an annual rate of 1.2 million, but it is still high and much higher than the level before the epidemic.

The data also show that builders still face a large backlog, reflecting supply chain bottlenecks, high material costs and a continuing shortage of skilled labour. At the same time, mortgage rates have exceeded 5 per cent for the first time since 2018, making it unaffordable for more and more potential buyers.

Construction of multi-family homes, including apartment buildings and condominiums, increased to 593000 in March.

In march, the total number of houses approved for construction but not yet under construction rose 2.9 per cent, while the number of single-family homes approved but not yet under construction changed little to 149000.

The number of single-family homes under construction continued to climb, reaching 811000, the highest level since 2006. Such a large backlog suggests that builders will have a lot of work to do in the coming months.

Although builders' confidence fell to a seven-month low in April, the index is still higher than before the outbreak, according to data released by the National Association of Home Builders / Wells Fargo & Co on Monday.

The translation is provided by third-party software.


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