If your considering selling this year, I would do it sooner, rather than later.
Residential housing starts were down 10% in December and non-residential starts such as commercial and multi-family starts were off 14%
NEW YORK–(BUSINESS WIRE)–New construction starts in December fell 10% to a seasonally adjusted annual rate of $708.9 billion, continuing to retreat after November’s 7% slide, according to Dodge Data & Analytics. The December downturn reflected diminished activity for each of the three main construction sectors. Nonresidential building dropped 14%, as its commercial building segment lost momentum following its heightened November amount. Residential building pulled back 8%, due to reduced activity in December for both single family and multifamily housing. Nonbuilding construction decreased 9%, with a steep plunge by the electric utility/gas plant category that outweighed a December rebound for public works. For 2018 as a whole, total construction starts increased a slight 0.3% to $789.0 billion. This came after 7% gains in both 2016 and 2017, as well as 11% to 14% gains from 2012 through 2015. The 2018 increase for total construction starts was restrained by a 31% plunge for the electric utility/gas plant category. If electric utilities and gas plants are excluded, total construction starts for 2018 would be up 2% from 2017.