The numbers: Construction of new homes fell 14.7% in March, as home builders scaled back new projects. The pace of construction slowed as builders contended with higher mortgage rates sapping demand.
WASHINGTON, May 16 (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 ...
The numbers: Construction of new homes rose 5.7% in April, as builders ramped up new projects. The pace of construction accelerated up as builders try to meet pent-up home-buying demand as ...
The US housing market is in a recession, and home prices are poised to tumble another 20% by next summer, a top economist has warned. "The plunging trend in sales has further to go, and prices are ...
Investors should consider booking profits on homebuilder stocks as builder sentiment stalls and housing starts plunge. These technical charts show when to sell. Investors should consider booking ...
OTTAWA, ON, May 15, 2024 /CNW/ - The total monthly seasonally adjusted annual rate (SAAR) of housing starts for all areas in Canada decreased 1% in April (240,229 units) compared to March (242,267 ...
OTTAWA - Canada Mortgage and Housing Corp. says the annual pace of housing starts in April edged down one per cent compared with March. The seasonally adjusted annual rate of housing starts in ...