The drop in March was the sharpest since April 2020, when starts dropped by 27%. Outside of the pandemic, housing starts fell by the most since February 2015. To be sure, new construction has been ...
US housing starts plummeted 14.7% in March to their lowest since August last year, according to data released Tuesday. Housing starts, which measure the change in the number of new residential ...
U.S. home prices continued to soar higher March, according to data published Tuesday, as would-be homebuyers compete for a ...
Big picture: Housing starts are generally a volatile data series, but the data indicates a broader trend that home builders ...
The northeast saw housing starts—homes that are starting to be built—plunge by nearly 23 percent from March. This was quite a dip compared to the Midwest, which saw those constructions jump 19 ...
WASHINGTON (Reuters) - U.S. single-family homebuilding and permits fell in April amid a resurgence in mortgage rates, but new construction remains supported by an acute shortage of houses for sale.
Investors should consider booking profits on homebuilder stocks as builder sentiment stalls and housing starts plunge ... its latest quarterly earnings on March 29 and beat analysts' estimates.
The numbers: Construction of new homes fell 14.7% in March, as home builders scaled ... with higher mortgage rates sapping demand. Housing starts fell to a 1.32 million annual pace from 1.55 ...
Data for March was revised higher to show single-family starts falling to a rate of 1.035 million units instead of the previously reported 1.022 million units. Housing starts increased 17.7% year ...
U.S. housing starts rose to a 1.36 million annual pace from 1.29 million in March, the government said ... recovering from a sharp plunge the month before, when housing starts fell by nearly ...