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Starts for multi-family housing plunged 24.1% to a pace of 264,000 units, the lowest level since March. Overall housing starts dropped 1.8% to a rate of 1.289 million units.
Starts for housing projects with five units or more dropped 6.7% to a rate of 333,000 units in August. Overall housing starts jumped 9.6% to a rate of 1.356 million units.
Starts for housing projects with five units or more declined 4.5% to a rate of 317,000 units in September. Overall housing starts slipped 0.5% to a rate of 1.354 million units.
The pace of new housing starts soared by 10.7% in February from the month before, after slumping in January, according to data released Thursday by the Census Bureau and the Department of Housing ...
Single-family housing starts, which account for the bulk of homebuilding, plunged 6.9% to a seasonally adjusted annual rate of 970,000 units last month, the Commerce Department's Census Bureau said.
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The decline in housing starts reported by the Commerce Department on Wednesday partially retraced an abnormally large 18.7% surge in May, which had pushed groundbreaking on single-family housing ...
U.S. single-family homebuilding rebounded in September, boosted by demand for new construction amid an acute housing shortage, but the highest mortgage rates in nearly 23 years could slow momentum ...