Housing starts up but permits post lowest growth since mid-2011

Housing Starts, Permits Boom as Construction Ramps Up. The number of vacant housing units for rent has been little changed in recent quarters at around the lowest levels since 2000," David.

Starts are mixed but permits are up in what is a deceptively solid housing starts & permits report. starts plunged what looks like a shocking 9.0 percent in September, to a 1.047 million annualized rate. But the drop is tied entirely to the volatile multi-family component where starts fell a massive 38 percent in the month to a 264,000 rate.

Housing Starts Reach Post-Recession High in May as Permits Soften June 19, 2018 total housing starts rose 5 percent in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

Citigroup Acquires Most of Wachovia; Not a Failure, FDIC Says Wachovia is the latest bank to fall victim to the global financial crisis. The federal deposit insurance Corp. announced Monday that Citigroup will acquire the banking operations of Wachovia. The FDIC.Freddie Mac: Brexit volatility tapers off, mortgage rates increase It was another challenging quarter for Agency mortgage REIT, as global volatility and falling interest rates led to significant yield spread. loan activity to shift away from Fannie Mae and Freddie.

The U.S. Census Bureau reported today that new housing starts dipped 16% to a seasonally adjusted annual rate of 880,000 units in January, the largest percentage drop since February, 2011.. New building permits also fell by 5.4% to a seasonally adjusted annual rate of 937,000, and home completions rose 4.6% to a seasonally adjusted annual rate of 814,000.

 · Singlefamily housing starts in October hit 865,000, up 1.5% from September. The increase marks a bounce-back from the previous month, when housing starts fell 5.3% compared with August starts.

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U.S. housing starts hit eight-month low; building permits weak. drag on economic growth in the second quarter. Housing starts weakened despite a dearth of properties on the market, which is.

Housing Starts Reach Post-Recession High in May as Permits Soften. Starts increased 5% month-over-month to a 1.35 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD. This pace is a post-recession high. The rate of single-family starts was 3.9% higher in May, reaching a 936,000 annual rate.

Real estate equities helped to power the US stock market to its best quarter in nearly a decade. REITs and homebuilders each ended the quarter up by more than 15%. The revival has been driven by.

Automotive made up. the lowest it’s been since October of 2018. Y-o-Y, housing starts went down 14.2% and building permits fell by 7.8%. Non-residential spending increased by 4.8% year on year..