The U.S. housing market is expected to give further proof of a long, slow-motion decline with the release of the housing starts & permits report from the Department of Commerce on Wednesday. The starts index could potentially fall to levels not seen in the 47-year index. Housing starts refer to the...
U.S. housing starts fell in July, but came in above expectations at 965k, representing a month-over-month decrease of 11.0%, according to data released from the U.S. Department of Commerce on Tuesday morning. The drop in the headline is misleading, however, as changes in the housing code of New York...
U.S. housing starts came in below expectations at 975k in May, a month-over-month decline of 3.3%, according to data released from the U.S. Department of Commerce on Tuesday morning. The consensus was looking for a decline to 980k level. The previous month's 1032k was revised to a level of 1008k. Despite...
Both the number of permits issued to build privately-owned housing units and the number of units for which construction started were up in April although still lagging considerably below figures for April 2007. According to a joint report issued by the U.S. Census Bureau and the U.S. Department of Housing...
Housing starts and the issuing of construction permits continued to fall in March. Permits for building privately-owned housing units were issued at a seasonally adjusted annual rate of 927,000, 5.8 percent lower than the revised February pace of 984,000 and 40.9 percent below the March 2007 estimate...
Housing starts in August hit the lowest level on an annualized basis since July 1995. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a joint report on Wednesday showing that privately owned housing starts in August were at a seasonally adjusted annual rate of...