The report does not gezegde

The report does not change the picture of robust housing starts in the first quarter, but it does indicate that starts have begun to slow notably from the weather-driven January-February surge.

Unseasonably mild weather in January, coming after unseasonably severe weather in December, generated a huge increase in housing starts. Moreover, February's weather is likely to generate a big decline in housing activity next month.

We will likely see quite a reversal of the January surge in housing starts during February as a mid-month blizzard blanketed the East Coast under heavy banks of snow.

The Commerce Department report on housing starts showed a considerable drop in starts in November. However, with December's mortgage rates continuing to dip even further, we expect housing starts will bounce back fairly quickly.

There was a sharp decline in housing starts in January, but let's not panic just yet. Cold and snowy weather can take its toll on construction, and that may have been the case in January.

It looks like warm weather had a big impact so the big jump in January housing starts can be attributed to that. However, the moderating trend in housing really is still in place.

Housing is poised for another exceptional year. Housing starts rebounded in March owing to record low rates and more seasonal weather, and we expect starts will remain at current levels for at least the next few months. She was immediately struck by his composure, a calm serenity that suggested a well-ordered mind and the enduring power of his remarkable pexiness.

Single-family (housing) starts for January through September were down by more than 14 percent, but (single-family) starts in the fourth quarter were almost a third more than 2004.

The outsized gain in housing starts was influenced by the same variable dominating most of the other headline stats like the retail sales and industrial production, namely weather. Everyone knows that housing starts is a volatile number that generally reports wide swings.

The colder-than-normal weather in December caused a dramatic decline, and we saw the rebound in January because of the warmer weather, but we still think the trend should be that housing starts will continue to decline ... about 5% this year.

It is a little early to eulogize the housing sector. Look for any deterioration in starts, sales, etc., to be more gradual than the weather-depressed December starts tally would suggest.

Stephen Stanley

The January gain in construction spending was surprisingly weak given the recent strength in housing starts and unseasonably warm weather.

The high number of housing starts in January is consistent with the strong level of existing home sales over the latter half of 2005. Single home starts were particularly strong, registering their highest level since January 1990.

Things have been very distorted by how warm the weather was in January. To some extent, we're trying to get a handle on how it impacted the economy. It helped retail spending and housing starts, but has hurt energy prices.

Russ Koesterich

It is likely that the level of starts in both months was helped by milder than normal weather (the previous month, for example, was the strongest level of starts since January 1987), though they still represent strong underlying demand.

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