Compared to February 2022, home building is down 18%, with single-family housing down 32%. Meanwhile, apartment construction was up 14% year-over-year.      

Topics:  february   housing   single-family   construction   
BING NEWS:
  • Home Depot On 'Collision Course' With These Market-Leading Stocks
    So, at the end of March, when Home Depot announced an $18 billion deal to increase its focus on those professional markets, it drew attention. The big box retailer is scooping up McKinney, Texas-based ...
    05/3/2024 - 6:06 am | View Link
  • US home prices rose in February at the fastest pace in more than a year
    US home-price growth accelerated in February at the fastest annual pace since November 2022, a sign that America’s housing market remains tough amid elevated mortgage rates.
    04/30/2024 - 12:11 am | View Link
  • Driven by High Interest Rates, CA Multifamily Construction Dips to 10-Year Low
    Approved California permits for the first three months accounted for just 8,972 new units, the slowest quarter for new plans since 2014.
    04/26/2024 - 9:26 am | View Link
  • The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
    That’s down from a robust 4.1% in the second half of last year. Most forecasters expect slower gains later this year.
    04/25/2024 - 1:36 am | View Link
  • US pending home sales jumped in March, beating expectations by a mile
    Despite the March gain, pending home sales are still “in a fairly narrow range over the last 12 months without a measurable breakout,” NAR’s chief economist, Lawrence Yun, said in a release.
    04/25/2024 - 1:02 am | View Link
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