Housing starts steadied last month but building permits rebounded to levels last seen in the fall, the Commerce Department. Readings below 50 indicate more builders view sales conditions as poor.
The Markets (as of market close May 3, 2019) Stocks “labored” for much of last week only to rally following a strong employment report. That report, coupled with the fed holding interest rates steady, gave investors the confidence to stay in the “game” a little longer.
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WASHINGTON, March 26 (Reuters) – U.S. homebuilding fell more than expected. drop in permits, they are now outpacing starts, which suggests a pickup in homebuilding in the months ahead. Economists.
The firming housing market is bolstering profits at Home Depot Inc. The world’s No.1 home improvement retailer reported better-than-expected. Starts for the volatile multifamily segment fell 17% to.
WASHINGTON (Reuters) – U.S. housing starts fell for a third straight month in February, but a rebound in building permits offered some hope for. That was the biggest drop in more than two years and.
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U.S. housing starts fell more than expected in August as building activity declined broadly after two straight months of solid increases, but a rebound in permits for single-family dwellings.
"The risks are more toward the downside than the upside." Housing starts decreased 8.7 percent to a seasonally adjusted annual rate of 1.162 million units last month, the Commerce Department said.
U.S. Housing Starts Fall More Than Expected, Permits Steady. – U.S. Housing Starts Fall More Than Expected, Permits Steady 0 Comments Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed Thursday.
U.S. Housing Starts Fall More Than Expected While Permits Steady – Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed.