Health of new construction
Health of new residential construction: 2 years
Health of new residential construction: 7 years
The 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 seven-year overview shows that 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 is the busiest home buying season.1
1Source data: U.S. Census
Data date: 09/27/2018
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