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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.
A chill has fallen over the US housing market. The typical American ... The typical US home went under contract in March after 47 days on the market, according to Redfin. By comparison, homes ...
representative image WASHINGTON: 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 ...
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.
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