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Paul Tracy

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Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 2 million monthly readers. While there, Paul authored and edited thousands of financial research briefs, was published on Nasdaq. com, Yahoo Finance, and dozens of other prominent media outlets, and appeared as a guest expert at prominent radio shows and i...

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Updated January 16, 2021

What is Housing Starts?

Housing starts is a measure of new private homes built during a given month.  This statistic is viewed as a key economic indicator reflecting the state of the economy.

How Does Housing Starts Work?

Homes are usually purchased from a previous homeowner. Some buyers, however, choose to purchase newly constructed homes or to pay to have a home designed and built for them.  The new housing starts indicator shows the number of new homes being built.

Why Does Housing Starts Matter?

The housing starts figure indicates the demand for newly built homes. A strong housing start measurement is a key indicator of economic well-being, since it reflects healthy levels of employment and consumer confidence.  In addition, building new homes increases demand for construction workers as well as other workers as well as materials.  Housing and construction efforts are economic drivers helping strengthen the economy.

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Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 2 million monthly readers.

If you have a question about Housing Starts, then please ask Paul.

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