Starts for housing projects with five units or more plunged 20.8% to a rate of 290,000 units. Overall housing starts plummeted 14.7% to a rate of 1.321 million units in March.
The rebound in April was only partial, recovering from a sharp plunge the month before, when housing starts fell by nearly 17 ...
WASHINGTON, April 16 (Reuters) - U.S. single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a ...
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 ...
(RTTNews) - After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts ...
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 percent ...
U.S. housing starts tumbled more than expected in March, reflecting high interest rates that are weighing on construction. Here are the main takeaways from the Commerce Department's report ...
US single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing ...
Housing Starts and Building Permits plummet, defying growth expectations. Single-family housing starts and permits witness notable decreases. Market sentiments may turn cautious amid ongoing ...
In March 2024, housing starts declined by 14.7% to a seasonally adjusted annual rate of 1.32 million units, influenced by higher-than-anticipated interest rates and persistent inflation, as reported ...
WASHINGTON, April 18 (Reuters) - U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market. Home sales dropped 4.3% last month to a ...