Housing Starts

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Housing starts, permits fall in February

Reuters US Online Report Domestic News 3 days ago

WASHINGTON (Reuters) - Housing starts and permits to build new homes both fell in February as winter storms in some parts of the country disrupted home building, a government report showed on Tuesday. The Commerce Department said housing starts fell 5.9 percent ...

Housing Starts Plunge 25 Percent in 2007

consumeraffairs.com 15 days ago

<div id="subtitle">December drop was biggest since 1991</div><div><p>The bulldozers were idle in December, as U.S. homebuilders marked a 14 percent decline in housing starts, according to the U.S. Commerce Department. The December drop was the biggest since 1991 and for 2007 as a ...

US housing starts, permits fall to new lows in December

AFP Global Edition 17 days ago

<div><p>US housing starts and building permits tumbled in December to half-century lows amid a deepening housing crisis and recession, government data showed Thursday.</p><p>The Commerce Department said the number of housing starts plunged 15.5 percent in December from November to an annualized rate ...

US unemployment rises, housing crisis deepens

AFP Global Edition 17 days ago

<div><p>US unemployment claims hit a 26-year high and housing construction fell to half-century lows, data showed Thursday, highlighting the troubling depths of the recession facing the new Obama administration.</p><p>President Barack Obama has made economic recovery his new administration's top immediate priority and ...

US unemployment spikes, housing crisis deepens

AFP Global Edition 17 days ago

<div><p>US unemployment claims hit a 26-year high and home building fell to half-century lows, data showed Thursday, highlighting the scale of the recession facing the new Obama administration.</p><p>President Barack Obama has made economic recovery his administration's top immediate priority and is seeking ...

Fannie, Freddie rise after dive a day earlier

AP News 17 days ago

<div id="subtitle">Fannie Mae, Freddie Mac shares bounce back amid speculation about impact of accounting rules</div><div><p>Shares of mortgage financiers Fannie Mae and Freddie Mac bounced back Tuesday, a day after plunging over worries the pair might need billions of dollars in new capital ...

US housing starts, permits plunge to new record lows

AFP American Edition 18 days ago

<div><p>US housing starts and building permits plunged again in January to new record 50-year lows amid the deepening recession, government data showed Wednesday.</p><p>The Commerce Department said the number of housing starts in January dived 16.8 percent to a seasonally adjusted annual rate ...

US housing starts, permits fall to record lows

AFP American Edition 18 days ago

<div><p>Construction starts on new US homes and housing building permits fell to record lows in October as the prolonged slump in the real-estate sector deepened, government data showed Wednesday.</p><p>Housing starts dropped 4.5 percent to an annualized rate of 791,000 units, the Commerce ...

Single-family housing starts down 12%

Stockhouse 20 days ago

&lt;div id="subtitle"&gt;Home construction decline continues&lt;/div&gt;&lt;div&gt;&lt;p&gt; The U.S. Department of Housing announced Friday morning that single-family housing starts fell 12% from the August figure and 31% from the September 2007 figure, while privately-owned housing starts were down 6.3% since August. A report from ...

Why should we believe anything economists say?

Stockhouse 20 days ago

&lt;div id="subtitle"&gt;Early end to the recession calls spark skepticism&lt;/div&gt;&lt;div&gt;&lt;p&gt;Problems for the economy began with the bursting of the real estate bubble in 2006, and spread into sub-prime mortgages, then into the entire financial sector, and finally into the overall economy. &lt;/p&gt;&lt;p&gt ...

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