The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading
Negative homebuyer and homebuilder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest hit. Continue reading
Privately owned housing starts rose 11.2 percent but still fell behind February 2024 activity, according to data released Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading
Multifamily housing starts fell 9.8 percent, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4 percent month over month, according to data released Wednesday. Continue reading
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains. Continue reading
Housing starts rose 1.9 percent from September to reach a seasonally adjusted annual rate of 1,372,000. Continue reading
New housing starts increased 7 percent in September to a seasonally adjusted rate of 1.36 million, or 7.2 percent below the levels seen in September 2022, according to Census data released Wednesday. Continue reading
In August, housing starts hit their lowest level since June 2020, when builders were struggling with COVID-fueled “shutdowns, labor shortages and supply chain issues,” according to U.S. Census data. Continue reading
Overall housing starts clocked in at a seasonally adjusted annual rate of 1,382,000, 1.4 percent below levels recorded in November, according to new data released Thursday by the U.S. Census Bureau. Continue reading
Privately owned housing starts increased 0.3 percent from revised February figures to a seasonally adjusted annual rate of 1.79 million, according to US Census Bureau data released Tuesday. Continue reading