Housing Starts

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 ...

<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 ...

<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 ...

<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 ...

<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 ...

<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 ...

<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 ...

<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 ...

&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 ...

&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 ...