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HOUSING STARTS

US Housing Starts Unexpectedly Rise to a Six-Month High
Wednesday, 20 December 2023 03:31 WIB | Root

US new-home construction unexpectedly surged in November to a six-month high, benefiting from a dearth of existing houses on the market and suggesting the crunch in residential real estate is easing. Residential starts increased 14.8% last month to a 1.56 million annualized rate,...

U.S. Housing Starts Rise For The Second Straight Month
Saturday, 18 November 2023 03:29 WIB | Root

Construction of new homes rose 1.9% in October, as builders amped up new projects. The pace of construction increased as builders saw a pressing need for more housing units as the resale market continues to deal with a shortage. So-called housing starts rose to 1.37 million annual pace from 1.35...

US Housing Starts Declined in June After Surging in Prior Month
Thursday, 20 July 2023 02:14 WIB | Root

New US home construction retreated in June after surging a month earlier, to a pace that indicates builders are working to fill the void left by lean housing inventory in the resale market. Residential starts fell 8% last month to a 1.43 million annualized rate, according to government data...


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