Housing starts cooled in February after robust January

Housing Starts Cool Off in January. Written by IvyCat on October 13, 2017. Overall housing production declined in January after an unusually robust reading in the multifamily sector in December, but economists were unfazed.

(Bloomberg) — 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 slumped 8.7 percent to a 1.16 million annualized rate, below.

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Residential starts fell 8.7% to a 1.16 million annualized rate, below estimates, after. January, due later Tuesday, are expected to show the smallest gains since 2012. Later this week, reports are.

Housing Starts and Building Permits Data Ahead of the Bell Housing Starts Fall Most in Eight Months in February – Residential starts fell 8.7% to a 1.16 million annualized rate, below estimates, after. Housing finance agency measure rose 0.6% for the best monthly gain in almost a year. Later this week, reports.

February Truck tonnage sees slight decline compared to January, reports ATA The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for February, at 117.4 (2015=2000) fell 0.2% in February after heading up 2.5% (revised up from an original 2.3% reading) from December to January, which came in at 117.6.

"After recent declines, the national trend in housing starts held steady in January and remained above historical average," said Bob Dugan, CMHC’s chief economist, in a release.

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U.S. Housing Starts Cooled in February After Robust January March 16, 2018 U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter, government figures showed Friday.

U.S. housing starts. January and February were busy months for the St. Johns County Building Services Department. February’s residential permit total was 431, which was an increase of about 25.

Homebuilder sentiment cools in January from 18-year high Sentiment among homebuilders fell in June to match the lowest level this year, reflecting sharply elevated lumber costs, according to a report from the National Association of Home Builders/Wells Fargo.Mortgage refinance booms are a thing of the past: mba chief economist Existing-home sales decline for fifth time in six months Stronger economy boosts mortgage rates: freddie Mac Mortgage rates have been in a prolonged swoon, but it may be coming to an end. According to the latest data released Thursday by Freddie Mac. last week’s strong employment numbers eased some of.October existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS reported Wednesday. Three of four major regions saw gains in sales.mortgage refinance booms are a thing of the past: MBA chief economist The era of plentiful refinance volume is over for the foreseeable future, because mortgage rates remained in a very narrow band for the past decade, said Mortgage Bankers Association Chief Economist Mike Fratantoni.

Housing market cools down as home building takes a dive. – Housing starts fell further in the month of February, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce.. According to the analysis.

February Housing Starts Down After Single-Family Surge in January WASHINGTON, March 26 – Total housing starts fell 8.7 percent in February to a seasonally adjusted annual rate of 1.16 million units from an upwardly revised reading in January, according to a report from the U.S. Housing and Urban Development and Commerce Department that was.

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