Health of new construction
Health of new residential construction: 2 years
Health of new residential construction: 7 years
These two graphs compare the number of new home construction starts with the number of new homes sold during the same period. According to the graphs, there's a fairly consistent correlation between the two numbers, which peak and decline around the same time, with some exceptions.
The construction sales and starts have both trended upward since 2011, reaching seven-year highs in the second quarter of 2018. The two-year overview shows that sales and starts tend to reach their peak in April–June, which would be during the busiest home buying season.1
1Source data: CoreLogic®
Data date: 12/25/2017
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