Housing starts fell most in eight months in February

Starts for the volatile multi-family housing segment jumped 17.8 per cent to a rate of 357,000 units in February. Permits for the construction of multi-family homes fell 4.2 per cent to a pace of.

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U.S. housing starts decline most in eight months in february katia dmitrieva , Bloomberg News A worker saws a section of lumber inside a home under construction in Ellenton, Florida, U.S., on Thursday, July 6, 2017.

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The percent decline was the largest in eight months, and bad weather could have contributed to the sharp drop in homebuilding last month. Homebuilding fell in three of the four regions in February..

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U.S. new-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates.

Housing starts fell most in eight months in February Amrank. – New-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates. Residential starts fell 8.7% to a 1.16 million annualized rate, below estimates, after an upwardly revised gain the prior month, according to government [.]

The number of homes under construction fell 8.7 percent in February, as ground breakings for single-family houses plunged to their lowest level in nearly two years. US housing starts slumped 8.7.

Single-family housing starts fell 0.4% in February to a 785,000-unit pace, while multifamily starts were unchanged at a 354,000-unit pace. Permits fell for both but remain well above starts.

Housing starts in the United States fell 1.1% to 698,000 units in February, down from 706,000 in January, the government said Tuesday. At the same time, the Commerce Department reported that.

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WASHINGTON (AP) – U.S. housing starts jumped 18.6 percent in January, as builders ramped up construction of single-family houses to the fastest pace in eight. coming months, as that segmented.

U.S. new-home groundbreakings fell in February by the most in eight months on a drop in single-family homes, suggesting buyers and builders remain wary despite higher wages and a drop in mortgage rates. Residential starts fell 8.7% to a 1.16 million annualized rate, below estimates, after an.

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