Housing Starts
Definition of "Housing starts"
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.
Popular Real Estate Terms
The definition of option explains the term as something that can be chosen in spite of having multiple other alternatives. It could be an option for food, which shows a preference for one ...
List of architectural design items needing to be corrected and resolved prior to finalizing a building design. ...
Measure of the annualized compound growth of a real estate investment. ...
A hard white finishing cement with a fast setting time and a high polish capability. Consisting of anhydrous gypsum plaster and an accelerant, alum, Keene's cement is normally applied over ...
Peculiarities necessary to form a valid joint tenancy. They are unity of time, title, interest, and possession. ...
Same as term soil porosity: Extent to which soil has cavities or pores, thereby allowing water to pass through. ...
Surveyor's use of hypothetical lines to portray a properties position. North to South in the meridian line while East to West is the base line. ...
A Construction method of using twice the number of framing members to provide additional structural strength. ...
Same as term marginal land: Land that has poor income potential, usually used in an agricultural sense meaning that the land is untellable, has poor access, is extremely steep, has suffered ...
Have a question or comment?
We're here to help.