Housing continues to be a bright spot in the economy, with housing starts jumping 17.3% in June and housing permits rising 2.1% — the second straight month of gains . … READ MORE >
housing starts
What’s behind the resurgent housing market
With the onset of coronavirus, a wave of uncertainty overtook the housing market and brought a swift halt to home sales and home building in March and April. But trends in May and June have shown that housing may be in midst of a V-shaped recovery. … READ MORE >
Home construction collapses under coronavirus lockdown
Housing starts plummeted 30.5% to an annualized rate of 891,000 in April as the full weight of the coronavirus lockdowns hit the sector, the Commerce Department reported on Tuesday. … READ MORE >
Housing was set to soar. Then the coronavirus hit.
Housing starts fell 1.5% in February, to a seasonally adjusted annual rate of 1,599,000, which is less than anticipated as forecasters projected a 4.3% decline. … READ MORE >