Housing starts fall more than expected, permits steady

 · housing starts fall More Than Expected in February. U.S. homebuilding fell more than expected in February as a plunge in the construction of multi-family housing units offset a second straight monthly increase in single-family projects.

U.S. Housing Starts, Permits Fall; Trend Points to Recovery The decline in starts suggests that November’s jump in home construction was more of a temporary spike than an increase in the underlying pace of growth. It could also reflect weather effects. At the same time, annual totals for permits, starts and completions were all the highest since 2007.

Builder confidence rose more than expected in the June release of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), moving to just under the neutral 50 mark. That implies that the next report on starts and permits will deliver stronger numbers.

 · New housing starts fell 3.7 per cent to an annualised pace of 1.287m last month, the Census Bureau said on Wednesday. That was steeper than.

US housing starts rose more than expected last month, according to data released by the Commerce Department on Tuesday. Housing starts were up 3.2% to a seasonally-adjusted annual rate of 1.256m.

Housing starts have risen 9.4 percent over the past 12 months. But apartments account for most of the gains, suggesting that more Americans will be renting instead of owning homes. The growth in apartment buildings points to an economy in which more Americans are renting, rather than buying homes.

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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.

Housing starts ran at a seasonally adjusted annual pace of 1.14 million, the Commerce Department said Tuesday, 5.8% below July and missing forecasts of a 1.18 million pace. That was 0.9% lower than a.

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Housing data: In the meantime, markets could move on a new batch of data. US housing starts and building permits will post at 8:30. New York view the state of their business, fell much more than.

Affordability improves, but tight home supply prevents real progress Statement from the national multifamily housing Council (NMHC) and national apartment association (NAA) on the announcement of President Trump’s Executive Order creating a White House Council on Eliminating Regulatory Barriers to Affordable Housing.

Housing starts in the US fell more than expected in May, dropping to an annual rate of 1.. Housing Starts And Permits Fall More Than Expected In May. Jun. 17, 2014 12:51 PM ET |

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.

CMBS office loans could be tougher to pay off on time as supply grows Wells Fargo, NeighborWorks plan to further expand Lift program Release Summary. Wells Fargo, NeighborWorks America and Tierra Del Sol Housing Corp. today unveiled the El Paso NeighborhoodLIFT program with a $4.5 million commitment by Wells Fargo to boost.CMBS office loans could be tougher to pay off on time as supply grows By Brad Finkelstein nationalmortgagenews.com – Payoffs of maturing office loans in securitizations may be delayed more often in the next few years if increasing inventory constrains occupancy and rent growth, according to a new Morningstar report.

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