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Tag: Housing Starts

U.S. housing starts drop to lowest level since June 2020

U.S. housing starts drop to lowest level since June 2020

September 19, 2023September 19, 2023 · Breaking News

The numbers: Construction of new U.S. homes fell 11.3% in August — falling short of Wall Street expectations — as builders scaled back new projects to focus on…

Read more U.S. housing starts drop to lowest level since June 2020
U.S. housing starts surge as builders rev up single-family home construction in May, while a housing shortage drags on 

U.S. housing starts surge as builders rev up single-family home construction in May, while a housing shortage drags on 

June 20, 2023June 20, 2023 · Breaking News

The numbers: Construction on new American homes jumped 21.7% in May, as homebuilders ramp up building single-family homes to meet strong demand from buyers. Housing starts rose to…

Read more U.S. housing starts surge as builders rev up single-family home construction in May, while a housing shortage drags on 
Housing starts fall again as high mortgage rates scare off U.S. home buyers

Housing starts fall again as high mortgage rates scare off U.S. home buyers

November 17, 2022November 17, 2022 · Breaking News

The numbers: Construction on new houses fell 4.2% in October as high mortgage rates put off buyers and forced builders to scale back, a situation that’s likely to continue…

Read more Housing starts fall again as high mortgage rates scare off U.S. home buyers
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