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 ...
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 ...
(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 ...