housing starts
New home groundbreakings
Housing starts is an economic indicator measuring the number of new residential construction projects begun in a given period.
Each start is counted when ground is broken on a foundation.
Economists and investors track housing starts as a leading indicator of economic health, since new construction signals consumer confidence and drives activity in related industries like lumber, appliances, and construction labor.
- constructionProcess of building something
- building permitsOfficial approval for construction
- permitsGrants formal authorization
- breaking groundStarting work on site
- buildersThose who construct things
groundbreaking · foundation · residential · developers · lumber · excavation · cranes · framing · subdivisions · tract homes · single family · mortgages · interest rates · real estate · economic indicator · contractors · blueprints · spec homes
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