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The Commerce Department said housing starts plunged by 11.4 percent to an annual rate of 1.324 million in March after surging by 9.8 percent to a revised rate of 1.494 million in February.
US housing starts fell more than expected in March amid a double-digit percentage decline in the single-family component, government data showed Thursday. Housing starts decreased 11% sequentially ...
Permits for future construction of single-family housing fell 2.0% to a rate of 978,000 units in March. Starts for housing projects with five units or more were unchanged at a rate of 371,000 units.
Single-family permits issued for new construction, a key indicator of future home construction, also fell 5.1% from March ... of the US economy. When single-family housing starts plunge, as ...
Single-family home construction is expected to grow by 3% in 2025, while multifamily starts may decline ... Bankers Association Data as of March 19, 2025. US housing-related stocks have lagged ...
The Commerce Department said housing starts plunged by 11.4 percent to an annual rate of 1.324 million in March after surging by 9.8 percent to a revised rate of 1.494 million in February.