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The Commerce Department said housing starts plunged by 11.4 percent to an annual rate of 1.324 million in March after surging by 9.8 percent to a revised rate of 1.494 million in February.
Permits for future construction of single-family housing fell 2.0% to a rate of 978,000 units in March. Starts for housing projects with five units or more were unchanged at a rate of 371,000 units.
In the latest report by the Census Bureau, housing starts plummeted to a seasonally adjusted annual rate of 1.324 million in March ... substantial growth in the US population since 1959.
US housing starts fell more than expected in March amid a double-digit percentage decline in the single-family component, government data showed Thursday. Housing starts decreased 11% sequentially ...
US housing starts fell 11.4% month-on-month in March, according to data released Thursday. Housing starts, which measure the change in the number of new residential buildings beginning ...
Housing starts in the US fell in March by the most in a year, as weak demand from high prices and mortgage rates gives builders little confidence to break ground. New residential construction ...
(MENAFN- The Rio Times) The U.S. Census Bureau and Department of Housing and Urban Development reported that new housing starts in March 2025 dropped 11.4% from February, reaching a seasonally ...
The Commerce Department said housing starts plunged by 11.4 percent to an annual rate of 1.324 million in March after surging by 9.8 percent to a revised rate of 1.494 million in February.
WASHINGTON (Reuters) - U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offset declining mortgage rates ...