The Commerce Department releases its month-to-month tally of realestate begins Tuesday
A appearance at some of the secret company occasions and financial signs upcoming this week
TRACKING HOME CONSTRUCTION
New federalgovernment information on domestic building oughtto supply insight into the state of the new-home market.
The Commerce Department is anticipated to report Tuesday that homebuilders broke ground on brand-new apartmentorcondos and single-family homes last month at a quicker yearly rate than January’s 1.33 million-units. The begins figure represents the number of realestate systems that contractors would break ground on if advancement kept the exactsame speed for the next 12 months.
Housing begins, month-to-month, seasonally changed yearly rate:
Sept. 1,356,000
Oct. 1,376,000
Nov. 1,512,000
Dec. 1,562,000
Jan. 1,331,000
Feb. (est.) 1,450,000
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