Single-family housing starts rise to highest level in a decade

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Construction starts on new homes rise 6 percent in February, best since `87 NEW YORK (CNNfn) – Starts on new homes and apartments surged to their highest level in more than a decade in February.

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The rise in housing starts and building permits in January gave a good start to the year for the housing market.. Permits Reach Their Highest Level in a Decade. high led by increased.

Housing starts rise to decade high while permits decline. Residential starts rose 5% to a 1.35 million annualized rate (the estimate was 1.31 million), the highest since July 2007. Single-family starts advanced 3.9%, while multifamily was up 7.5%. Permits, a proxy for future construction of all types of homes, fell 4.6% to a 1.3 million rate (the estimate was 1.35 million).

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Housing starts surge to 9-year high in October as multifamily swings back. over-month and a 28.2% rise year-over-year.. Housing starts reached their highest level in nearly a decade in.

What happened: Housing starts bounced back in January after a sharp decline in December tied to poor weather. Building increased in the North, South and West. And two-thirds of the new units on which construction began were single-family homes, the bread-and-butter of the housing market.

PDF Monthly Residential Construction, April 2019 – Single-family housing starts in June were at a rate of 858,000; this is 9.1 percent (8.8 percent) below the revised May figure of 944,000. The June rate for units in buildings with five units or more was 304,000. Privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,261,000.

OTTAWA, April 10 (Reuters) – canadian housing starts jumped in March to their highest level in nearly a decade on a sharp rise for multifamily buildings, defying expectations of a slowdown, data.

Purchase share grows, closing times shrink ahead of spring market Homebuilder D R Horton Worked Big Deals For Land And Cattle With Chairman S Sons and related news – Financial New Index – latest business-market news from around the web at one place. Homebuilders Slide After March Sales Miss, D.R. Horton Downgrade. Homebuilder stocks are slipping after.

The trifecta of housing data – new home sales, housing starts, and home prices – was released this week. New home sales smashed through expectations, but starts and home prices remain soft. For the.

PHOENIX HOUSING 4Q18: With Starts and Closings at Decade High Levels, Relative Affordability Continues to Drive a "Shockingly Strong" Market Metrostudy News February 7, 2019 Quarterly new home starts are at their highest level since 3Q07 and are up 14% over 4Q17.

Housing starts rise to second highest level since 2007 – WASHINGTON (MarketWatch) – Construction on new houses climbed 3% in February to the second-highest level since 2007. housing starts rose to an annual rate of 1.29 million last month, with.

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