Housing starts cooled in February after robust January

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 · U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter, government figures showed Friday, march 16. residential starts fell 7% to a 1.24 million annualized rate after a 1.33 million pace in the prior month.

 · Housing Starts Cooled in February After Robust January.. Highlights of Housing Starts for February. with a 90% chance that the January figure for starts.

U.S. Housing Starts Cooled in February After Robust January By Tony Seruga U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this.

Housing starts reached a 12-year-high annual rate of 1.820 million in January. "If it got any better, we would be in heaven," said Robert Toll, chairman and chief executive officer at Toll.

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WASHINGTON (Reuters) – U.S. housing starts jumped to their highest level in nearly 7-1/2 years in April and building permits soared, hopeful signs for an economy that is struggling to regain strong.

February payrolls report marks slowest pace for job growth since September 2017. that U.S. growth is cooling, though strong wage growth and earlier robust job. in late December and January, a sputtering U.S. housing sector and a global.. Power Starts to Return After Widespread Outage in Manhattan.

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New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed April 17.

According to the analysis, housing starts fell 8.7% in February 2019 to a. TIAA Bank Executive Vice President John Pataky said after a January jump in housing starts, this report. “The economic fundamentals remain robust.

The remarkable start to the year for REITs continued. Job growth surprised to the upside in March after a weak February. The sustained rate of job growth sets the stage for further household.

LONDON (Reuters) – Britain’s economy kept on its steady but slow course at the start. January 2005. However, the number of mortgages approved by lenders rose to a six-month high after its biggest.