Housing starts drop 9.8%

Economists polled by MarketWatch had expected housing starts to drop to a seasonally adjusted 1.24 million rate from a.

West Gets Off Easiest as Housing Starts Plunge 9.8% Across U.S.. Housing starts nationwide fell to an annual rate of 1.38 million in January–the largest drop since a 21% decline in January.

Housing Starts Increased 9.8% in June: Posted Under: Data Watch Home Starts housing implications: housing starts soared in June and the pace of starts in the second quarter as a whole was the fastest since 2007. The huge increase in June itself was all due to multi-family starts, which.

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Housing starts plummeted 16% month-over-month to an annualized pace. This compares with an initial print of a 9.8% fall to 999,000. Meanwhile, building permits fell 5.4% to 937,000, missing.

Housing starts jump 9.8% in June Apartment construction paces growth with 29.4% uptick by. paced by a 27.3 percent drop in the Northeast and a 7.1 percent decline in the West, according to the.

The government reported Friday that the jobless rate rose to a 26-year high of 9.8%, up from 9.7% in August. instead of hiring new workers. "When the economy starts to recover, firms can expand.

The numbers: Construction on new homes, known as housing starts, fell almost 9% in February and remained well below year-ago levels, offering more evidence of a broad slowdown in the housing.

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December housing starts fall 9.8% to 999,000 rate By Ruth Mantell. Published: Jan 17, 2014. Construction on new U.S. homes falls in December as housing starts drop after a November surge, but.

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Housing starts jump 9.8% in June. paced by a 27.3 percent drop in the Northeast and a 7.1 percent decline in the West, according to the report.

(RTTNews) – Reflecting a steep drop in multi-family housing starts, the Commerce Department released a report on Wednesday showing a bigger than expected decrease in new residential construction.

Residential and commercial construction contributed 7% to GDP last. risk to the markets has gone almost unnoticed: Housing starts have slid, 9% decline and the S&P 500 index's 9.8% fall from their October all-time highs,

Housing hit by higher interest. pending home sales are also showing weakness as they fell 9.8% year over year in December. The National Association of Home Builders data shows that single-family.