Housing starts fell most in eight months in February

WASHINGTON – U.S. housing starts jumped 18.6 percent in January, as builders ramped up construction of single-family houses to the fastest pace in eight. coming months, as that segmented accounted.

Groundbreaking fell 3.8 percent to a. by Reuters had forecast housing starts rising to a 1.17 million-unit pace last month. The report comes on the heels of a survey on Tuesday showing confidence.

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In the UK, mortgage approvals fell (but not as much as we first thought!).. ” Confidence has been somewhat volatile over the past few months, as consumers have. US housing starts continued to weaken in Feb, falling more than forecast. 8 9. City traders will have drinks on their mind. What else is new?

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Pace of new-home sales suggests steady housing strength Despite some volatility in the month-to-month sales figures, October marks the sixth month in 2017 at an annual sales pace of more than 600,000. New home sales through October are running 8.9% higher than this time in 2016, in line with NAHB’s forecast.

U.S. housing starts fall to eight-month low. 3 Min Read. WASHINGTON, June 16 (Reuters) – – U.S. homebuilding fell for a third straight month in May to the lowest level in eight months as.

US Housing Starts Fall Led by single-family homes housing starts in the US fell 8.7 percent from a month earlier to a seasonally adjusted annual rate of 1,162 thousand units in February 2019, following a downwardly revised 11.7 percent surge in January. It was the largest decline in housing starts since last June.

Builders moved toward smaller lot and home sizes to provide more. mid-2018 peak and have decreased in eight of the last ten months.. housing starts had little effect on Texas' months of inventory (MOI), which held firmly at 3.8 months.. Mortgage applications fell in both Texas' refinance and purchase.

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