WASHINGTON — U.S. housing starts fell for a third straight month in February, but a rebound in building permits offered some hope for the. adjusted annual rate of 907,000 units. That followed.
Housing starts fall in February. March 20, 2012. up 8.25% from 389,000 in January. Building permits, an indicator of future housing activity, also rose 5.1% to 717,000 permits in February when.
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Housing starts rebound but permits fall Starts bounce back from 9-year low, but builders pull back on plans amid worries about real estate market and subprime mortgages. By Chris Isidore, CNNMoney.
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Residential starts fell 0.3 percent to a 1.139. according to government figures released Friday. Permits, a proxy for future construction, slumped 1.7 percent to a 1.27 million rate. Both figures.
WASHINGTON — Cold winter weather appears to have cut into homebuilding in the Midwest and Northeast, causing the pace of construction to tumble in January. Housing starts slipped 3.8. Building.
Housing Starts and Permits Roll Back January Gains. of Housing and Urban Development for both construction permits and housing starts were well below even. but fall 25.5 percent compared to.
U.S. homebuilding fell to a nine-month low in June and permits. housing market is lagging overall economic growth, which appears to have accelerated in the second quarter after hitting a soft patch.
U.S. housing starts, building permits fall in January. Part of the decline in starts could be attributed to the snowstorms, which blanketed the Northeast last month. December’s starts were revised down to a 1.143 million-unit rate from the previously reported 1.15 million-unit pace.
January’s drop came entirely in the market for single-family houses, with starts falling 6.7 percent month-on-month to an annual rate of 678,000. Multifamily starts, meanwhile, climbed 7.5 percent.
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U.S. homebuilding fell to a nine-month low in June and permits for future construction declined for a third straight month, dealing a blow to the housing market as it struggles with a dearth of.
Housing starts in January were at a seasonally adjusted annual rate of 1.326 million, up 9.7% compared with 1.209 million in December and up from 1.236 million in January 2017, according to estimates released by the U.S. Census Bureau and U.S. Department of Housing and Urban Development.. Most of the increase was attributable to starts of multifamily (five units or more per building) homes.