Housing starts drop 9.8%

Data released today showed that Housing Starts dropped. for the remainder of the year. Starts slowed markedly in the. December housing starts fall 9.8% to 999,000 rate By Ruth Mantell. Published: Jan 17, 2014. Construction on new U.S. homes falls in December as housing starts drop after a November surge, but.

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Housing starts fell 12.3% in June, indicating tariffs and taxes are a deterrence to continual growth, according to the latest report from the U.S. Census Bureau. Privately owned housing starts.

Friday, the department reported that housing starts rose 9.8% in June to a seasonally adjusted annual rate of 1.17 million units, up from May’s revised rate of 1.07million, which was originally reported at 1.036 million units. housing starts also saw another big jump year-over-year, increasing 26.6% compared to June 2014.

I’ve been sounding the alarm about a housing slowdown for a couple of months now. Now, new data on housing, the industry that was a major driver of the last recession, continues to suggest a bearish trend, with new home construction starts dropping a significant 5.3% in the month of September.

WASHINGTON — New-home construction climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects. Housing starts rose 9.8 percent to a 1.17.

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Data next week may add to signs of a cooling-yet-stable housing market in March. Three of four regions posted declines, led by a 17.6% drop in the Midwest. Starts in the West rose 31.4%. The.

Single-family housing starts were particularly low, coming in 17 percent below the revised January figure. The drop in housing starts was the biggest in eight months and single-family starts were the.

Housing demand drops despite falling mortgage rates Housing starts fell 12.3% in June, indicating tariffs and taxes are. This is down 3% from 1.31 million in June 2017. Once again, the monthly drop was led by the multifamily sector, as single-family.

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U.S. housing starts jumped 9.8% to a seasonally adjusted annual rate of 1.174 million units in June, lead by a 29.4% leap in multifamily production. Single-family starts edged down 0.9% for the.

US home building advanced in June, the latest sign of momentum in the housing market. US housing starts rose 9.8 per cent from a month earlier to a seasonally adjusted annual rate of 1.17 million.

WASHINGTON (Reuters) – Housing starts posted their biggest decline in 27 years in February. who had been looking for a smaller drop to 570,000. January’s figure was revised up to 618,000 units from.