US Housing Starts Fall to Four-Month Low on Multifamily Decline

Dec 18, 2024 · Housing starts decreased 1.8% to an annualized rate of 1.29 million, the slowest since July, according to government data released Wednesday. The median forecast was for a 1.35 million pace. The ...

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US Housing Starts Fall To Four-Month Low On Multifamily Decline

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bloomberg.com

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US Housing Starts Fall To Four-month Low On Multifamily Decline

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Dec 18, 2024 · Housing starts decreased 1.8% to an annualized rate of 1.29 million, the slowest since July, according to government data released Wednesday. The median forecast was for a …

equipmentfinancenews.com

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US Housing Starts Fall To Slowest Pace Since July

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Dec 18, 2024 · Housing starts decreased 1.8% to an annualized rate of 1.29 million, the slowest since July, according to government data released Dec. 18. The metric can help project the …

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Housing Starts Fall - NAM

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Dec 18, 2024 · New housing construction in the U.S. missed expectations in November (Bloomberg). What’s going on: “Housing starts decreased 1.8% to an annualized rate of 1.29 …

nam.org

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Housing Starts Fall As Multifamily Projects Tumble

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Oct 18, 2024 · Housing starts decreased 0.5% last month to a 1.35 million annualized rate, ... US Housing Starts Fall to Slowest Pace Since July. Follow Us. Facebook. Twitter. YouTube.

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US Home Construction Falls To Lowest Level Since May 2020

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Aug 16, 2024 · According to Bloomberg, the U.S. housing market saw a sharp downturn in new home construction activity in July, with housing starts falling 6.8% to a 1.2M annualized rate. …

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New-home Construction Plunges To Lowest Level Since May 2020

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Aug 16, 2024 · The numbers: Construction of new homes fell 6.8% in July compared with the previous month, as builders scaled back new projects. Housing starts fell to a 1.24 million …

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US Housing Starts Fall To Slowest Pace Since July - Fordaq.com

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Dec 19, 2024 · Housing starts decreased by 1.8% to an annualized rate of 1.29 million, the slowest pace since July, according to government data released on Dec. 18. Analysts had …

fordaq.com

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US Housing Starts Fall To Lowest Level Since 2020 In Worrying Sign …

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Sep 20, 2023 · US housing starts, which refers to the beginning of construction of a new home, plunged 11% in August to 1.23 million, representing its lowest level since June 2020. The …

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U.S. New Housing Construction Falls To A 9-Month Low - Business …

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Jul 21, 2022 · US housing starts fell 6.3% to an annual rate of 1.56 million units in June, the Census Bureau said. ... Starts are now running at the slowest pace since September 2021. ...

businessinsider.com

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Housing Starts Declined 6.8% In July To A 1.238 Million Annual Rate

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Aug 16, 2024 · Implications: July was a tough month for homebuilders, as both housing starts and new permits fell to the slowest pace since the COVID shutdowns. Moreover, the decline would …

ftportfolios.com

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US Housing Starts Fall To Lowest Level Since 2020

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Jun 20, 2024 · Starts totaled a seasonally adjusted annual rate of 1.277 million units, down 5.5% from the revised April estimate and 19.3% below the May 2023 rate, according to data …

costar.com

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US Housing Starts Slide To Slowest Pace In Three Months

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Nov 19, 2024 · US housing starts declined 3.1% in October to the slowest pace in three months, while new single-family home construction fell 6.9% and multifamily housing starts increased …

bloomberg.com

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Deep Freeze Hit The Housing Market In December With The …

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Jan 2, 2025 · Inventory also plunged 8.6% from November—the largest decrease since January 2023. The glacial pace of ... slowest December since 2019 and the slowest month in nearly …

realtor.com

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Housing Supply Hits 4-Year High As Many Homes Linger On …

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Dec 30, 2024 · Over half (54.5%) of home listings in November sat on the market for at least 60 days without going under contract. That’s the highest share for any November since 2019 and …

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FAQs about US Housing Starts Fall to Four-Month Low on Multifamily Decline Coupon?

What is the slowest rate of housing starts since July?

Housing starts decreased 1.8% to an annualized rate of 1.29 million, the slowest since July, according to government data released Wednesday. The median forecast was for a 1.35 million pace. Starts of single-family homes rose 6.4% to an annualized rate of 1.01 million while new construction of multifamily projects decreased more than 23%. ...

What happened to housing starts in July?

The report said housing starts plunged by 6.8 percent to an annual rate of 1.238 million in July after jumping by 1.1 percent to a revised rate of 1.329 million in June. Economists had expected housing starts to slump by 1.7 percent to an annual rate of 1.330 million from the 1.353 million originally reported for the previous month. ...

Why did US housing starts ease in September?

(Bloomberg) -- US housing starts eased in September as a drop in multifamily projects outweighed a pickup in construction of single-family dwellings. Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Friday, after a big rebound in construction in August. ...

How much did housing starts decrease last month?

Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Friday, after a big rebound in construction in August. The September figure was in line with the median projection in a Bloomberg survey of economists. ...

Will housing start to slow in December?

"Our forecast is for housing starts to slow through the first half of this year, but the December permits data, recent declines in mortgage rates, and improving homebuilder sentiment lend an upside risk to that forecast," Nancy Vanden Houten, lead U.S. economist at Oxford Economics, said in a note shared Newsweek. ...

How did the housing market perform in the last 5 months?

Starts of single-family homes climbed 2.7% to an annualized 1.03 million, the strongest in five months. Construction of multifamily homes slumped 9.4% to a four-month low. The number of overall building permits, a proxy for future construction, fell 2.9% to a 1.43 million annualized rate. ...