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New Home Construction Falls to Five-Year Low - Bloomberg. com Housing starts decreased 9 8% to an annualized rate of 1 26 million homes last month, according to government figures released Wednesday The median projection in a Bloomberg survey of economists
Housing starts fall sharply - kpmg. com Markets with significant housing shortages, like the Northeast, reported only 56,000 single-family homes completed in May Builders are unable to ramp up construction even if mortgage rates were to fall, because of labor shortages, rising input costs and land and regulatory hurdles Multifamily starts dropped 30 4% but the series is highly
US Housing Starts Fall to Lowest Level Since 2020 - TRADING ECONOMICS US housing starts dropped sharply by 9 8% month-over-month in May 2025 to a seasonally adjusted annual rate of 1 256 million units, down from an upwardly revised 1 392 million in April and well below market expectations of 1 36 million This marked the weakest level since May 2020, in the early aftermath of the COVID-19 pandemic, as high mortgage rates and an elevated supply of homes for sale
Housing starts fall below estimates as permits rebound But the downside surprise in housing starts seems to be temporary as building permits, a proxy for future starts, rose by a sharp 6 1% on the month Permits increased in all regions to a total of 1 505 million, driven largely by multifamily projects, according to government data released Wednesday
US housing starts fall to four-month low on multifamily decline US new-home construction unexpectedly fell in November as a drop in multifamily projects mitigated a rebound in starts of single-family houses, solely in the storm-ravaged South Housing starts decreased 1 8% to an annualized rate of 1 29 million, the slowest since July, according to government data released Wednesday
US housing starts fall to 4-month low – Orange County Register Housing starts decreased 1 8% to an annualized rate of 1 29 million, the slowest since July, according to government data released Wednesday The median forecast was for a 1 35 million pace
Housing Starts Fall on Interest Rate, Financing Concerns Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement Builders are also still facing higher supply-side costs and tighter lending conditions
Housing starts fall to a four-year low - MarketWatch Housing starts give an indication of the pace of new U S homes that private builders are starting work on Photo: chris delmas Agence France-Presse Getty Images The numbers: Construction of new