WASHINGTON (Reuters) -U.S. single-family homebuilding tumbled in March, and while new construction remains underpinned by a ...
Overall, the drop in new-home construction is a setback for the housing market, which is already facing a housing deficit due ...
After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department ...
The Northeast suffered the sharpest decline in activity in March as mortgage rates brush 7% for a 30-year fixed rate loan.
Housing starts, a government measure of the beginning of construction on a new housing unit, slid to a seasonally adjusted annual rate of 1.32 million in March, down about 15% from the month prior.
Last month, there were 477,000 new homes available for sale, 44,000 more than in March of 2023. Compared to February 2024, ...
U.S. single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing ...
Surging gas prices and sky-high mortgages and rent sent inflation rising more than expected in March, adding to Americans’ prolonged and painful battle with high costs. That could force the ...
US equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates.
Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 12% in March versus the same month in 2023, with ...
10 April: Fed May Hold Off Until Summer Or Autumn Headline US inflation rose by 3.5% in the year to March, up from 3.2% in the year to February, writes Andrew Michael. Analysts say the increase ...
Asian stocks and currencies tumbled on concerns that US interest rates may stay higher for longer and signs that China’s growth recovery is stalling. MSCI’s Asia Pacific Index dropped the most in ...