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Housing Starts Drop From February Rally

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 million—and 4.3% below the March 2023 rate .....»»

Category: realestateSource: rismediaApr 17th, 2024

Despite Record Low Rates, Housing Starts Plunge Amid Rental Unit Crash

Despite the hype of tumbling interest rates and rising mortgage applications, housing starts tumbled again in May, dropping a whopping 4.0% MoM in July to 1.191MM, the biggest drop and the lowest print since February, drastical.....»»

Category: blogSource: zerohedgeAug 16th, 2019

Cramer Talks KB Home Earnings, Implications For Housing Sector

At first glance, February's 8.7-percent drop in housing starts looks "truly pathetic," but it actually represents a "natural decline," according to CNBC's Jim Cramer. read more.....»»

Category: blogSource: benzingaMar 27th, 2019

Economic Report: Housing starts drop 9% in February and show little sign of perking up

Construct.....»»

Category: topSource: marketwatchMar 26th, 2019

Economic Report: Housing starts drop 9% in February and show little sign of perking up; permits fall

Construct.....»»

Category: topSource: marketwatchMar 26th, 2019

US Housing Starts Collapsed In March - Biggest Drop Since COVID Lockdowns

US Housing Starts Collapsed In March - Biggest Drop Since COVID Lockdowns The roller-coaster ride in housing permits, starts, and completions in the last few months is set to continue today... and 'surprise' they did. After a big (+10.7%) .....»»

Category: worldSource: nytApr 16th, 2024

Homebuilder stocks in broad rally to records after big jump in housing starts data

The homebuilder sector enjoyed a unanimous rally toward a record Friday, after data showing that new-home construction in March surged more than expected. the SPDR S&P Homebuilders ETF rallied 1.6% toward a record close, with all 35 .....»»

Category: topSource: marketwatchApr 16th, 2021

Housing starts fall 10.3% in February to 1.42 million annual rate

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 17th, 2021

The latest housing numbers are worse than they look

A drop of 17.5% in new construction starts seems tame at first glance ... until you look at the context......»»

Category: topSource: moneycentralApr 23rd, 2020

Morgan Stanley Misses On EPS, But Shows Strong Trading Results For Q1 As Banks Wrap Up

Any rally today will have a fight on its hands against a cascade of fresh dismal data. Initial jobless claims of 5.2 million last week came in a little worse than analysts had expected, and housing starts fell out of bed in March with a 22.3% decline. .....»»

Category: earningsSource: benzingaApr 16th, 2020

The Market Is Undecided: PreMarket Prep Recap For April 16

After a historic drop followed by a whiplash-inducing rally, the market has found itself hanging out around the midpoint between February.....»»

Category: blogSource: benzingaApr 16th, 2020

US housing starts plunged the most since 1984 in March as coronavirus rocked the market

Associated Press US housing starts plunged by 22.3% in March, the Commerce Department announced Thursday, notching their biggest monthly drop since 1984. The data reveals a sharp reversal for the critical market as.....»»

Category: topSource: businessinsiderApr 16th, 2020

February home sales jump to highest in over a decade, but big drop expected as coronavirus injects uncertainty

The spring housing market was on its way to becoming the strongest in over a decade, but it will likely turn sharply lower, as the economy shuts down in the face of the coronavirus......»»

Category: realestateSource: cnbcMar 20th, 2020

Economic Report: New-home construction slipped in February — before the coronavirus even became a major concern in the U.S.

Weather has had a big impact on housing starts activity in recent months, but the COVID-19 outbreak will soon start affecting the U.S. real-estate market......»»

Category: topSource: marketwatchMar 18th, 2020

Housing starts decrease 1.5% in February, vs 4.3% decrease expected

CNBC's Rick Santelli reports on the latest economic data, including February housing starts and building permits......»»

Category: realestateSource: cnbcMar 18th, 2020

Economic Report: New-home construction slipped in February — before the coronavirus even became a major concern

Weather has had a big impact on housing starts activity in recent months, but the COVID-19 outbreak will soon start affecting the U.S. real-estate market......»»

Category: topSource: marketwatchMar 18th, 2020

U.S. housing starts fall less than expected in February

U.S. homebuilding fell in February, likely as the boost from unseasonably warm weather faded, and could continue to weaken as the coronavirus pandemic disrupts economic activity......»»

Category: topSource: moneycentralMar 18th, 2020

US Housing Starts, Permits Slide In February Ahead Of Virus Impact

US Housing Starts, Permits Slide In February Ahead Of Virus Impact Housing Starts and Building Permits were understandably expected to contract MoM in February as the virus crisis began to weigh on confidence (though rates collapsed and se.....»»

Category: blogSource: zerohedgeMar 18th, 2020

U.S. housing starts drop; building permits near 13-year high

U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion in history on track......»»

Category: topSource: reutersFeb 19th, 2020

Single family housing starts jump despite an overall drop in home building

New home construction dropped in July, but there were some spots. CNBC's Diana Olick reports......»»

Category: realestateSource: cnbcAug 16th, 2019

Economic Report: Housing starts climb almost 6% in April, but construction still lags last year’s pace

Construction on new houses rose almost 6% in April, but builders still lagged behind last year’s pace despite a big drop in mortgage rates. Housing starts increased to an annual rate of 1.24 million last month......»»

Category: topSource: marketwatchMay 16th, 2019