Housing starts plummeted in August. Starts fell 14.4% to an annualized rate of 956,000. This is the biggest drop since April 2013. Economists were expecting the pace of starts to decline 5.2% to 1.04 milion. Building permits dropped 5.6% to an annualized rate of 998,000, which was worse than the 1.04 million rate expected.
BING NEWS:
- Construction starts on new $8.5 million apartment building in Baton Rouge
The East Baton Rouge Parish Housing Authority and its development partner have started to build a new apartment building as part of a larger effort to improve South Baton Rouge.
05/16/2024 - 9:43 am | View Link - CMHC reports annual pace of housing starts in April down 1% from March
Canada Mortgage and Housing Corp. says the annual pace of housing starts in April edged down one per cent compared with March.
05/16/2024 - 4:29 am | View Link - Jobless Claims & Starts/Permits Down, Imports & WMT Up
Initial Jobless Claims were good again. A headline total of 222K is a tick above estimates, but down 10K from the slight upward revision to 232K for the previous week. Many analysts were paying attention to this metric — last week’s figure was the first time new jobless claims breached 230K since August of last year.
05/16/2024 - 3:24 am | View Link - New bills push for sober housing throughout California
Supporters say the policies will give more choices to people who want to be sober, but others say drug free requirements could prevent people from getting help.
05/15/2024 - 4:55 pm | View Link - Trudeau’s Push to Double Housing Starts in Doubt as Pace Falls
Canada’s housing starts fell for a second consecutive month as the country’s construction shortfall continues.
05/15/2024 - 3:51 am | View Link - More
- New Residential Construction Press Release
Housing Starts. Privately‐owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000. This is 14.7 percent (±9.9 percent) below the revised February estimate of 1,549,000 and is 4.3 percent (±9.4 percent)* below the March 2023 rate of 1,380,000.
05/13/2024 - 7:40 pm | View Link - MONTHLY RESIDENTIAL CONSTRUCTION, MARCH 2024
Housing Starts . Privately‐owned housing starts in March were at a seasonally adjusted annual rate of 1,321,000. This is 14.7 percent (±9.9 percent) below the revised February estimate of 1,549,000 and is 4.3 percent (±9.4 percent)* below the March 2023 rate of 1,380,000.
05/13/2024 - 4:27 pm | View Link - United States Housing Starts
2024-04-16. US Housing Starts Rise More than Expected. Housing starts in the US soared 10.7% month-over-month to an annualized rate of 1.521 million in February 2024, after falling by 12.3% in January, and beating forecasts of 1.425 million, amid a persistent shortage of previously owned houses.
05/13/2024 - 4:06 pm | View Link - Housing Starts | FRED | St. Louis Fed
New Privately Owned Housing Starts in the United States, Median Square Feet Per Unit for Two or More Units. Category: Housing > Housing Starts, 26 economic data series, FRED: Download, graph, and track economic data.
05/13/2024 - 12:09 pm | View Link - New Residential Construction
This page provides national and regional data on the number of new housing units authorized by building permits; authorized, but not started; started; under construction; and completed. The data are for new, privately-owned housing units, excluding "HUD-code" manufactured (mobile) homes.
05/13/2024 - 2:58 am | View Link - More
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