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.
(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 ...
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 ...
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.
The US housing sector experienced a notable decline in March, with both Housing Starts and Building Permits falling more than anticipated. This downturn follows a period of growth, indicating a ...
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.
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 ...
(RTTNews) - Japan's housing starts decreased for the tenth straight month in March, and at a faster-than-expected pace, data from the Ministry of Land, Infrastructure, Transport, and Tourism ...
WASHINGTON (Reuters) - U.S. single-family homebuilding tumbled in March after hefty gains in the prior month, and while demand for housing remains strong, a resurgence in mortgage rates is pushing ...