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 ...
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 ...
The US housing sector experienced a notable decline in March, with both Housing Starts and Building Permits falling more than anticipated. This downturn follows a period of growth, indicating a ...
Overall housing starts plummeted 14.7%, the biggest drop since April 2020, to a rate of 1.321 million units in March. Economists polled by Reuters had forecast starts would fall to a rate 1.487 ...
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 ...
The Commerce Department said housing starts plummeted by 14.7 percent to an annual rate of 1.321 million in March after soaring by 12.7 percent to a revised rate of 1.549 million in February.
(RTTNews) - Japan's housing starts decreased for the tenth straight month in March, and at a faster-than-expected pace, data from the Ministry of Land, Infrastructure, Transport, and Tourism ...
US single-family homebuilding tumbled ... more unaffordable trend without more supply.” Single-family housing starts fell 12% in March, Tuesday’s Commerce Department report showed.
U.S. housing starts tumbled more than expected in March, reflecting high interest rates that are weighing on construction. Here are the main takeaways from the Commerce Department's report ...
Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-side ...