It has raised the benchmark overnight interest rate by 525 basis points since March 2022. Starts for housing projects with five units or more plunged 20.8% to a rate of 290,000 units. Overall ...
US housing starts plummeted 14.7% in March to their lowest since August last year, according to data released Tuesday. Housing starts, which measure the change in the number of new residential ...
Housing Starts and Building Permits in the US declined sharply in March. The US Dollar Index holds above 106.00 after housing data. Housing Starts in the US fell 14.7% in March to 1.32 million ...
WASHINGTON (Reuters) – U.S. single-family homebuilding tumbled in March after hefty gains in the prior month, and while demand for housing remains strong, a resurgence in mortgage rates is pushing ...
WASHINGTON, April 16 (Reuters) - U.S. single-family homebuilding tumbled in March after hefty gains in the prior month, and while demand for housing remains strong, a resurgence in mortgage rates is ...
According to the U.S. Department of Labor, in seasonally adjusted terms housing starts dropped at a month-on-month pace of 14.7% in March to reach an annual rate of 1.321m (consensus: 1.48m).