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.
Housing starts advanced 5.7% to a seasonally adjusted annual rate of 1.36 million units in April from March's downwardly revised 1.29 million print, the Census Bureau and the Department of Housing ...
Home prices reached a new record in March amid an ongoing housing shortage, even as high mortgage rates pushed affordability out of reach for more Americans. Prices increased 6.5% nationally in ...
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 ...
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 ...
New homes construction rose by nearly 6 percent on a monthly basis across the United States in April, but the picture was mixed across different regions with the northeast seeing a plunge in ...
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 ...
U.S. housing starts recovered last month, offering a ray of hope for the home-building sector. Here are the main takeaways from the Commerce Department's report released Thursday. --Housing starts ...
Single-family housing starts slip 0.4% in April Import prices jump 0.9%; March data revised higher Manufacturing production decreases 0.3% By Lucia Mutikani WASHINGTON, May 16 (Reuters) - The ...