Housing starts fall more than expected, permits steady

June 17, 2016 Financial News - Business News - Stock Exchange - Market News U.S. Housing Starts Fall More Than Expected While Permits Steady – Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed.

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"The risks are more toward the downside than the upside." Housing starts decreased 8.7 percent to a seasonally adjusted annual rate of 1.162 million units last month, the Commerce Department said.

U.S. home building fell more than expected in February as construction of single-family homes dropped to more than a 1-1/2-year low, but the outlook for the housing market is improving amid.

U.S. homebuilding dropped more than expected in September as construction activity in the South fell by the most in nearly three years, likely held down by Hurricane Florence.

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So stock prices rebounded, while expected interest rates remained low.. Despite the steady drip of poor economic data, and weak company results, US.. US housing starts continued to weaken in Feb, falling more than. The number of building permits issued fell 1.6%, the second monthly drop in a row,

West leads in home price growth, but maybe not for long

Payrolls were up 263k in April, much better than expected; wage growth held steady at 3.2%. TD looks for housing starts to rise to a 197k pace in April on pickup in both single and multi-unit.

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US housing starts fall on weak single-family homebuilding. U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to more than a. These permits.

U.S. Housing Starts Fall More Than Expected, Permits Steady 0 Comments Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed Thursday.

Investing.com – U.S. housing starts and building permits fell more than than expected in November. The Commerce Department said Thursday housing starts fell 18.7% to 1.090 mn units from October..

The severe slowdown in housing starts will not only be felt on Main Street, but on. School systems that experienced steady growth over the last decade may want to. to the Indiana Department of Education, if “budgeted” (or forecast) enrollment. permits issued in the Midwest were more than 30 percent lower in October.