The one-time seasonal factors that contributed to the decline should subside. Permits for new buildings and homes held up in January, rising by 0.1%. … READ MORE >
U.S. housing starts
Market minute: U.S. housing supply is not meeting demand
One reason for the inadequate supply is that many homeowners are sitting on low-rate mortgages locked in during the pandemic and before. … READ MORE >
Housing starts fall below estimates as permits rebound
The recent levels of starts and permits do not suggest enough future supply to meet the growing demand of American households to keep home prices under control. … READ MORE >
Housing starts and permits fall in October as hurricanes take a toll
The total number of starts in October was 1.3 million, marking the 30th straight month of staying below our long-term sustainable level of 1.7 million. … READ MORE >
Housing starts and permits ease in September
September’s housing starts came in at 1.35 million, down 0.5% from August, while building permits, a proxy for future projects, fell 2.9% to 1.4 million. … READ MORE >
Jobless claims ease as housing starts drop
Initial jobless claims dropped by 5,000 last week to 238,000 yet remained elevated near a 10-month high as housing starts fell in May to the lowest level since June 2020 … READ MORE >
Soft housing and manufacturing data fuels prospect of rate cut
Economic data on housing, manufacturing and jobs released on Thursday pointed to softer-than-expected economic activity in the second quarter. … READ MORE >
Industrial production rebounds as housing starts plunge
Housing starts dropped by 14.7% to 1.32 million on an annualized rate, the lowest level since last August. … READ MORE >
Housing starts and permits beat forecasts as completions reach 17-year high
Housing starts rose by 10.7% in February, while permits increased by 1.9%, according to data released by the Commerce Department on Tuesday. … READ MORE >
Initial jobless claims and housing starts post upside surprises
Filings for jobless benefits fell last week to the lowest level in 16 months, a testament for how resilient the labor market continues to be. … READ MORE >