New home starts fell 8.5% from July to August as builders continued to react to the negative economic outlook, according to data from the US Census Bureau
Builders are navigating a complex mix of elevated costs, rising mortgage rates and waning consumer confidence, which is weighing heavily on the market
Windermere’s Principal Economist Jeff Tucker looks at October's falling month-to-month new construction numbers
Housing starts rose to a seasonally adjusted annual rate of 1.52M in February — 10.7% higher than in January, according to data released Tuesday by the US Census Bureau
Builders pushed forward with more single-family projects for the second month in a row, but remained far less active than in 2022, according to data issued Tuesday by the US Census Bureau
Housing starts hit 8-year high