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The number of housing starts ticked up in June despite pressure from high mortgage rates, reassuring news for an economy that has seen soaring housing prices.
By Aarthi Swaminathan U.S. housing starts exceeded expectations on Wall Street The numbers: Construction of new U.S. homes rose 3% in June as builders scaled up new projects. Housing starts rose ...
Housing starts in June were at a seasonally adjusted annual rate of 1.43 million, down 8% from May. Single-family starts fell 7% from May, while multifamily units fell 11.6%.
U.S. housing starts rose in June, indicating increased optimism in the market that mortgage rates will cool. Here are the main takeaways from the Commerce Department's report released Wednesday.
The number of housing starts ticked up in August as mortgage rates continued their descent from multi-year highs.
New-home construction in the U.S. rose in July on strength in single-family projects amid limited supply in the resale market.
Canadian housing starts rose 41% in June compared with the previous month, the largest increase in the last 10 years, led by groundbreaking on multiple unit urban homes, data from the national ...
The construction of new homes was sharply down in June after stronger than usual results the previous month, a new government report found.
Single-family housing permits fell by 2.3% in June, with groundbreakings settling to their lowest level since October 2023. This is a direct result of low builder sentiment, high mortgage rates, and ...
U.S. single-family homebuilding fell in June, but permits for future construction rose to a 12-month high on the weakness of the existing home sales market. The decline in housing starts came ...
The numbers: Construction of new U.S. homes rose 3% in June as builders scaled up new projects. Housing starts rose to a 1.35 million annual pace from 1.31 million in May, the government said ...
U.S. housing starts rose in June, indicating increased optimism in the market that mortgage rates will cool. Here are the main takeaways from the Commerce Department's report released Wednesday.
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