US Housing Starts Plunge as Building Permits Fall to a 3½-Year Low

US Housing Starts Plunge as Building Permits Fall to a 3½-Year Low

US single-family home construction dropped sharply in September, while permits for future projects fell to their lowest level in three and a half years, signaling ... The post US Housing Starts Plunge as Building Permits Fall to a 3½-Year Low first appeared on [your]NEWS.

Housing starts fall to one of their weakest paces since the pandemic

Housing starts decreased 5.2% to an annualized rate of 1.22 million, a four-month low, according to federal government data released Tuesday.

Housing Starts Decline as Builders Forecast Lower Production Into Next Year

As homebuilder confidence has now bottomed out to a 12-year low, the housing construction industry continues to face a series of hurdles that are severely diminishing activity.  With the latest New Residential Construction report from the Department of Housing and Urban Development and the Census Bureau demonstrating another impacted month, builders are now forecasting issues…

US Housing Starts Drop Another 5.2 Percent, Weakness Persists

The trends in housing all remain down: starts, permits, completions, and sales.

US single-family housing starts plunge; building permits hit 3-1/2-year low

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