Definition of "Housing starts"

Steve Purcell real estate agent

Written by

Steve Purcellelite badge icon

Re/Max Affinity Plus

A measure of actual starts of houses, condominiums, and apartment construction. When an economy is going to take a downturn, the housing sector is the first to decline. The strength in housing starts means not only that the housing industry is healthy, but suggests strength in the overall economy. Housing starts figures are issued monthly by the Department of Commerce. Housing is a key interest-sensitive sector that usually leads the rest of the economy out of the recession. For the housing sector to be sustained, housing start figures need to be backed by building permits. Permits are considered a leading indicator of housing starts.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Written agreement in which the lessee pays rent to the lessor for the use of real property for a stated time period. An example is the tenant's rental of an apartment or office space. ...

Measure of the value of all goods and services produced by the economy within its boundaries and is the nation's broadest gauge of economic health. GDA is often a measure of the state of ...

Board used when connected as a floor. It may also be used as a strip in a wall or door. ...

Restraining a person or business from denying an appropriate conveyance of property evidenced by a deed has given. ...

(1) Reconciling the records to show agreement. (2) Agreement of the records to physical amounts. ...

The term after-tax rate of return calculates an investor’s net return after income taxes. The calculation is used by many businesses and investors to determine their real earnings. ...

Monitoring and administrating a mortgage lien after it has been made. This may include monthly payments, record keeping, handing tax and insurance record, and foreclosure of property. A ...

Schedule which is part of Form 1040 showing income or loss from real estate transactions including net rental income (rental revenue less rental expenses). ...

The definition of acquisition cost in real estate is the total cost recorded by a company or individual pertinent to the purchasing of a property. This is the entire amount written down in ...

Popular Real Estate Questions