Housing starts fall more than expected, permits steady

WASHINGTON, (Reuters) – U.S. homebuilding dropped more than expected in September as construction activity in the South fell by the most in nearly three years, likely held down by Hurricane Florence. Housing starts fell 5.3 percent to a seasonally adjusted annual rate of 1.201 million units last month, the Commerce Department said on Wednesday.

Builder confidence rose more than expected in the June release of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), moving to just under the neutral 50 mark. That implies that the next report on starts and permits will deliver stronger numbers.

 · Housing Starts Fall More Than Expected in February. U.S. homebuilding fell more than expected in February as a plunge in the construction of multi-family housing units offset a second straight monthly increase in single-family projects.

 · U.S. housing starts and building permits fell more than expected in May, suggesting the housing recovery will likely remain slow for a while. Groundbreaking for homes fell 6.5 percent to a.

Buyers return to Toronto’s housing market Reduced foreign buyer activity has opened up more opportunity for local buyers in Greater Vancouver’s condo market. While average residential sale prices for all properties increased by two per cent, from $1,030,829 in 2017 to $1,049,362 in 2018, the number of sales dropped by 30 per cent.

Housing starts fall more than expected, permits steady Post By Howse Contents Estate tracker black Home price index rose 2001 "bank mortgage 19 central iowa Seventh straight month Home mortgage fell 2 percent housing starts ran at a seasonally adjusted annual pace of 1.14 million, the Commerce Department said Tuesday, 5.8% below July and.

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U.S. Housing Starts Fall More Than Expected, Permits Steady 0 Comments Groundbreaking on new U.S. homes eased from the fastest pace in 13 months while permits held steady to finish the strongest year for housing construction in a decade, government figures showed Thursday.

Builder confidence rose more than expected in the June release of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), moving to just under the neutral 50 mark. That implies that the next report on starts and permits will deliver stronger numbers.

One of Vitaco’s buildings, the VN Higienópolis, is attracting buyers even though construction isn’t expected. more.

Uncertainty keeping mortgage rates low: Freddie Mac INTEREST RATES IMPROVE – UNCERTAINTY LOOMS WITH HURRICANE SANDY, THE ELECTION AND THE fiscal cliff: october 31st, 2012. Happy halloween!! interest rates improved slightly last week with the MBS market closing up (+ 9 bps). mortgage rate pricing was higher for most of the week – but a rally on Friday ended the week with the MBS market in positive territory.

Housing starts have risen 9.4 percent over the past 12 months. But apartments account for most of the gains, suggesting that more Americans will be renting instead of owning homes. The growth in apartment buildings points to an economy in which more Americans are renting, rather than buying homes.