Housing Starts Fall Back in November

After surging more than 27 percent and reaching the fastest pace in nine years during October, housing starts in November fell back, according to the Commerce Department. Housing starts plummeted by 18.7 percent to an annual rate of 1.090 million from the revised October estimate of 1.340 million. Economists had expected housing starts to dip to a rate of 1.230…

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Housing Starts Fall in August

Led by a steep 31.7 percent decline in multifamily production, nationwide housing starts fell 14.4 percent to a seasonally adjusted annual rate of 956,000 units in August, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts dropped 2.4 percent to a seasonally adjusted annual rate of 643,000…

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Permits Take a Jump

March 21, 2014 – Where there are permits, there is future business. The Issuance of new building permits rose 7.7 percent to a seasonally adjusted annual rate of 1.02 million units in February, according to newly released data from the U.S. Department of Housing and Urban Development and U.S. Census Bureau. Single-family permits edged down 1.8 percent to 588,000 units and…

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