- Saturday Tsubasacon Cosplay Contest and Skits
- A Super Cosplaying Saturday Afternoon at Tsubasacon
- Friday Tsubasacon 2016 IMAGES Cosplay
- Nelson Mandela Metropolitan University Choir Cancels North American Tour including Nov. 17th date at the Keith-Albee
- Rooster's Hostesses Dress for Princess Night with Mickey and Minnie Mouse IMAGES
- Federal ACLU Suit Names Cabell County Clerk
- U.S. Attorney's Office and DEA announce collection sites for DEA's National Prescription Drug Take Back Day
- Fire Prevention Parade Packs Downtown; Elsa of WV Inspired Sing-a-Longs
- Huntington Council Agenda Set
- Kadetz named new director of Master of Public Health program and chair of the Department of Public Health
U.S.: Housing Starts Virtually Unchanged in February
Single-family housing construction rose 0.3 percent in February to a seasonally adjusted annual rate of 583,000 units while multifamily starts edged 2.5 percent lower to a 312,000-unit pace.
Regionally, combined housing starts activity was mixed in the month, posting gains of 34.5 percent in the Midwest and 7.3 percent in the South and declines of 37.5 percent in the Northeast and 5.5 percent in the West.
“Continuing the January trend and in line with our recent surveys, builders are in a holding pattern," said Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del. "Poor weather is keeping many from getting into the field and they continue to face challenges related to a shortage of lots and labor.”
“While housing construction is in a recent lull due to unusual weather conditions, we expect to see an improvement as the winter weather pattern subsides and builders prepare for the spring selling season,” said NAHB Chief Economist David Crowe. “Competitive mortgage rates, affordable home prices and an improving economy all point to a continuing, gradual strengthening of housing activity through the rest of the year. Moreover, building permits, which are less dependent on weather and are a harbinger of future building activity, rose above 1 million units in February.”
Issuance of new building permits -- a forward looking indicator of housing production -- rose 7.7 percent to a seasonally adjusted annual rate of 1.02 million units in February. Single-family permits edged down 1.8 percent to 588,000 units and multifamily permits rose 27.6 percent to 407,000 units. Regionally, overall permits rose 6.3 percent in the Northeast, 9.9 percent in the South and 17.9 percent in the West but declined 11.8 percent in the Midwest.