Housing starts decline to two-year low in December

U.S. Housing Starts Slip to Two-Year Low in December By Bloomberg Markets TV and Finance on February 26, 2019 in Economic News The following video is brought to you courtesy of the Bloomberg Markets and Finance YouTube Channel.

U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy had lost momentum in the.

Feb.26 — Stephen Stanley, chief economist at Amherst Pierpont, and Laura Kane, head of investment themes Americas at UBS, examine U.S. December housing starts data. They speak on "Bloomberg.

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Housing Starts Privatelyowned housing starts in May were at a seasonally adjusted annual rate of 1,269,000. This is 0.9 percent (12.9 percent)* below the revised April estimate of 1,281,000 and is 4.7 percent (8.9 percent)* below the May 2018 rate of 1,332,000.

U.S. new-home construction in December fell tothe lowest since September 2016, as builders held back during aturbulent month for financial markets. Residential starts fell 11.2 percent to a 1.08 millionannualized rate after a downwardly revised 1.

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U.S. Housing Starts Decline to Two-Year Low in December The decline underscores the broader slowdown in housing in recent months. By Katia Dmitrieva | February 26, 2019 at 09:11 AM

 · Housing starts decline to 16-year low. JOIN SELECT Back to top. Housing starts decline to 16-year low. Rate of building permits down 10% in December. by Inman Staff Writer. January 17, 2008. Email.

Housing starts still rose to 1.25 million last year from 1.20 million in 2017, however. The decline in 2017 was the first since 2010. Because of delays caused by the partial government shutdown, which ran a record 35 days, the U.S. Census incorporated updates into the latest housing-start figures that normally would have occurred later on.

U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy had lost momentum in the.

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U.S. housing starts plunged 11.2% to 1.08 million (annualized) in December from a downwardly revised 1.21 million in November. The decline was broad-based with the volatile multi-family segment.

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