Housing starts cooled in February after robust January

Residential starts fell 7% in February to a 1.24 million annualized rate (the estimate had been for 1.29 million starts) after a 1.33 million pace in the prior month. Single-family home starts rose 2.9%, a second straight monthly gain, but multifamily starts fell 26.1% after a similar jump in January, according to government figures released on.

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, March 16. Residential starts fell 7% to a 1.24 million annualized rate after a 1.33 million pace in the prior month.

Job creation at the company level cooled in February after a sizzling start to 2019. "so it’s going to start showing up in the payrolls numbers." The report comes amid robust job creation in an.

U.S. Housing Starts Cooled in February After Robust January 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. Fox Business

The following information is found on the NAR website. Housing Starts Cool Off in January Daily Real Estate News | Friday, February 17, 2017 Overall housing production declined in January after an unusually robust reading in the multifamily sector in December, but economists were unfazed.

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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.

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United States Housing Starts | 2019 | Data | Chart | Calendar. – News US Housing Starts Fall to Near 2-Year Low in March Housing starts in the US fell 0.3 percent from a month earlier to a seasonally adjusted annual rate of 1,139 thousand units in March 2019, following an upwardly revised 12 percent decline in February and compared with market expectations of a 6.5 percent gain.

New-home sales decline in January to three-month low Sales of existing homes. in December to 4.62 million in January, 4.6 million in February and 4.59 million in March. In fact, sales in March represented a year-over-year decline of 7.5%. New home.