If you need assistance, please call 401-232-7661

    • Your Home Sold Guaranteed Realty, The Nathan Clark Team
    MENU

    Home Building Dips; Still at 4-Year High

      Back to blog

    Wednesday, December 26, 2012   /   by Nathan Clark

    Home Building Dips; Still at 4-Year High

     


    The pace of new home construction in theUnited   Statesslipped slightly in November, according to the U.S. Census Bureau, but the rate of housing starts still marked a four-year high.


     


    According to the government’s statistics, November housing starts showed an annual rate of 810,000 homes. That’s down about 3 percent from October but still 21.6 percent higher than last year.


     


    Some of the month-to-month slowdown might be attributed to superstormSandy, which hit the Northeast on Oct 29. According to the Census Bureau figures, housing starts were down about 6 percent in that region in November.


     


    New building permits, a forward-looking indicator, rose by 3.6 percent in November, a sign that the housing-start slowdown might be temporary. Also, the National Association of Home Builders on Dec. 18 revealed that builder sentiment was at its highest level since 2006.

    The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Last Updated June 9, 2026
    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
    Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.© 2026 State-Wide Multiple Listing Service. All rights reserved.

    Accept Terms

    To continue searching, you must agree to the Terms of Use.

    Opt-In

    For the best experience, please provide your cell phone number and select accept below to opt-in to our Terms & Conditions and Privacy Policy to begin receiving text and voice communications.

    Share a Link

    Create a Note

    Select a Notebook

    or make a new notebook

    Loading


    Loading...

    Looks like your phone is invalid.

    Would you like to update it?