Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released ...
Construction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according to data released ...
With the U.S. still experiencing a housing shortage due to construction halts from the COVID-19 pandemic, housing completions, and starts, ...
Privately-owned housing starts plunged in March to a seasonally adjusted rate of 1.32 million—14.7% below the February estimate of 1.54 ...
The home construction market—despite seeing some growth from the lack of existing inventory—has been struggling overall and in the building ...
New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of ...
The rally in new-home demand isn’t letting up as homebuyers facing inventory challenges on the resale market turned to new ...
January saw a notable drop in housing starts across the country—dropping 14.8% from December—to a seasonally adjusted rate of 1.33 ...
New construction is having its time in the sun. Applications for new-home purchases jumped 22.2% in December 2023 compared to ...
Housing starts continued their three-month rise, following a 7% gain in September and a 1.9% gain in October, according to ...
Following September’s miraculous 7% gain in housing starts, the rise continued in October, according to a new report from the ...
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