WASHINGTON (Reuters) - U.S. single-family homebuilding tumbled in March after hefty gains in the prior month, and while ...
Overall, the drop in new-home construction is a setback for the housing market, which is already facing a housing deficit due ...
After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department ...
The Northeast suffered the sharpest decline in activity in March as mortgage rates brush 7% for a 30-year fixed rate loan.
Housing starts, a government measure of the beginning of construction on a new housing unit, slid to a seasonally adjusted annual rate of 1.32 million in March, down about 15% from the month prior.
The multifamily construction boom is fading as an oversupply during the pandemic has flattened rent across the country.
Housing affordability dipped in March on both a monthly and yearly basis, according to a national index produced by First ...
The total monthly seasonally adjusted annual rate (SAAR) of housing starts for all areas in Canada decreased 7% in March (242 ...
U.S. single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing ...
US equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates.
Asian stocks and currencies tumbled on concerns that US interest rates may stay higher for longer and signs that China’s growth recovery is stalling. MSCI’s Asia Pacific Index dropped the most in ...
Stock index futures were higher on Tuesday along with yields, as investors keenly await Federal Reserve's chair Jerome Powell's speech.