Housing starts rose 1.9% from September to reach a seasonally adjusted annual rate of 1.372M
The decline in starts came as Omicron cases surged across the US and wintry weather hampered builders' progress, according to data Thursday from the US Census Bureau and HUD
Last week, the city council voted unanimously to put a moratorium on all new construction and short-term rental permits, in an effort to combat the city's increasing lack of affordable housing
Privately owned housing starts dipped 0.7% in October while single-family housing starts dropped 3.9%, according to US Census Bureau residential construction data
Privately owned housing starts beat expectations in August while single-family starts declined by nearly 3%, according to data issued Tuesday by the US Census Bureau
Despite a decline in starts, which reflected curbed confidence in June amid mellowing lumber prices, experts said gains made in permit applications were a positive sign
The increase in housing starts is a welcome gift, but experts say builders aren't yet betting recent improvements in materials costs are here to stay for the long term
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into February's housing data releases and predicts how the market will fare
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses how new home sales exceeded the annual rate of 1M units for the first time since 2006, blowing past most predictions
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner digs deeper into last week's economic announcements on retail sales, consumer sentiment, building permits and more
The database includes information for more than 200 million residential and commercial properties in the United States
Real estate expert and author Robert Campbell details how his approach works and why he believes the next downturn is near
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