Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Economic Watch: Home Starts Skyrocket

New homes starts in the U.S. increased dramatically in April from the month before, jumping 20.2% and hitting its highest level in more than seven years.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
May 19, 2015
Economic Watch: Home Starts Skyrocket

 

2 min to read


New homes starts in the U.S. increased dramatically in April from the month before, jumping 20.2% and hitting its highest level in more than seven years.

A new Commerce Department report also shows the increase in April from the upwardly revised level in March is the biggest month-to-month hike since 1991.

Ad Loading...

The April performance equals an annual rate of 1.14 million new homes and is 9.2% higher than the rate from April 2014.

Single-family home starts, the largest share of the market, increased 3.7% from March’s revised level, hitting its best pace since January 2008.

“Some impressive housing market data this morning, helping to offset weakness at the end of the first quarter,” said Sterne Agee Chief Economist Lindsey Piegza. “Still, as we have seen in housing construction for the past two years, activity has been very volatile from month to month. The trend has been one or two months of strength followed by equal weakness over the next 30 to 60 days.”

Ad Loading...

Meanwhile, a gauge of future home construction, the number of building permits issued, increased 10.1% in April from March’s revised level and is 6.4% higher than compared to April 2014. Last month’s level totals an annual rate of 1.14 million permits.

This comes in the wake of a separate report issued Monday by the National Association of Homebuilding showing builder confidence in the market for newly built, single-family homes in May dropped two points to a level of 54, according to its Housing Market Index.

Despite the decline, the index remains in positive territory, 50 or above, and is nine points higher than compared to May 2014.

“Consumers are exhibiting caution, and want to be on more stable financial footing before purchasing a home,” said NAHB Chief Economist David Crowe. “On the bright side, the HMI component measuring future sales expectations has been tracking upward all year, mortgage rates remain low, and house prices are affordable. These factors should spur the release of pent-up demand moving forward.”

The index’s components were mixed in May. The component charting sales expectations in the next six months rose one point to 64, the index measuring buyer traffic dropped a single point to 39, and the component gauging current sales conditions decreased two points to 59.

More Fleet Management

TEN disaster prep.
Fleet ManagementMay 1, 2026

How Fleets Can Avoid Equipment Blind Spots in Disaster Response

When the unexpected happens, how you react to, and deal with operational blind spots is critical. Here’s how to keep you recovery on track, when nothing is normal.

Read More →
Illustration of cybersecurity images with "The Cyber Stop" text
Fleet Managementby Ben WilkensApril 30, 2026

AI Security Risks for Trucking Fleets: What to Know About Deepfakes and Agentic AI

As fleets adopt artificial intelligence for routing, maintenance, and load matching, new security risks are emerging. Learn where the vulnerabilities are and how to put the right controls in place.

Read More →
Mobile tablet showing Motus screen against highway background with Motus logo

FMCSA’s Motus System Is Coming. What Fleets Need to Know Now

The long-awaited registration system promises a single portal — and tighter fraud controls.

Read More →
Ad Loading...
CargoNet 2026 Qi report.
Fleet Managementby News/Media ReleaseApril 24, 2026

Cargo Theft Incidents Fall in Q1, but Organized Crime and Impersonation Drive New Risks

CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.

Read More →
Graphic with light bulbs, HDT Truck Fleet Innovators logo, and the word Nominations
Fleet ManagementApril 24, 2026

Nominations Open for HDT Truck Fleet Innovators 2026

Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.

Read More →
Illustration with trojan horse and lock with inside of cargo container in background
Fleet Managementby News/Media ReleaseApril 23, 2026

New Trojan Driver Cargo Theft Scam Bypasses Carrier Vetting Systems

Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.

Read More →
Ad Loading...
ATA Truck Tonnage Index March 2026.
Fleet Managementby News/Media ReleaseApril 22, 2026

March Truck Tonnage Posts Strongest Annual Gain Since 2022

A modest sequential increase capped the strongest quarterly performance in years, signaling continued freight momentum in early 2026.

Read More →
Toll road.
Fleet Managementby Jack RobertsApril 22, 2026

Ohio Turnpike Targets $5.2 Million in Unpaid Tolls from Trucking Firms

More than 300 carriers across 26 states have been sent to collections as the Ohio Turnpike cracks down on toll evasion and delinquent payments.

Read More →
Illustration with ATRI logo and square blocks spelling out "research"
Fleet Managementby Deborah LockridgeApril 20, 2026

'Beyond Compliance,' Regulations, Driver Coaching on ATRI’s 2026 Research List

The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.

Read More →
Ad Loading...
Brian Antonellis, senior vice president, fleet operations, Fleet Advantage.
Fleet Managementby Jack RobertsApril 17, 2026

Fleet Advantage's Brian Antonellis on the Growing Need to Replace Old Trucks

Fleet Advantage's Brian Antonellis says it's time for fleets to get back to the fundamentals of good maintenance practices. And that includes replacing older, inefficient equipment.

Read More →