Custom-Home Building Starts Set A Post-Recession High
NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates that the number of custom-home building starts (homes built on an owner’s land, with either the owner or a builder acting as general contractor), set a post-recession high for construction starts during the third quarter of 2016. There were 49,000 total custom starts for the quarter, compared to 47,000 for the third quarter of 2015.
Sign up for Pro Builder Newsletters
Get the latest news and updates.