Housing starts drop 9.8%

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US housing starts rose 9.8 per cent from a month earlier to a seasonally adjusted. compared with an initially reported 11.1 per cent drop. Starts in April rose 24.7 per cent, an upward revision.

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Dive Brief: June housing starts increased 9.8% from May to a 1.17 million annualized rate – the second-highest level since November 2007, the Commerce Department reported Friday. Building.

West Gets Off Easiest as Housing Starts Plunge 9.8% Across U.S.. Housing starts nationwide fell to an annual rate of 1.38 million in January–the largest drop since a 21% decline in January.

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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.

Housing Starts Drop Off 7.2% for January : Construction: Analysts predict the figure will bounce back thanks to favorable mortgage rates and the recovery. Feb. 18, 1993. 12 AM.

Housing starts jump 9.8% in June. paced by a 27.3 percent drop in the Northeast and a 7.1 percent decline in the West, according to the report.

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Housing Starts, Permits Drop in May. The May rate for units in buildings with five units or more was 284,000, down 9.8% from April and down 25.7% from a year earlier. Single-family permits fell.

The numbers: Construction on new homes, known as housing starts, fell almost 9% in February and remained well below year-ago levels, offering more evidence of a broad slowdown in the housing.

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.

 · U.S. Housing Starts Unexpectedly Drop 2.6% In April.. The report said housing starts fell by 2.6 percent to an annual rate of 1.172 million in April after tumbling by 6.6 percent to a revised 1.

Housing Starts; Under Construction;. mortgage applications drop 9.8%. jan 3 2019, 4:41AM. decreased 9.8 percent on a seasonally adjusted basis from two weeks earlier and was 46 percent lower.

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According to analysts at Wells Fargo, the decline in US Housing Starts in February, reverses much of the 11.7% rebound seen in January. They point out all of the swing was in single-family starts.