Stephen Stanley, chief economist at Amherst Pierpont, and Laura Kane, head of investment themes Americas at UBS, examine U.S. December housing starts data. 1m 47s Business , Money , Current Affairs
The decline brings housing starts to a two-year low, below expectations which were already negative after last week’s mostly negative existing home sales report. Today’s report did, however, show that permits rose 0.3%, possibly indicating a rise in future construction.
By Lucia Mutikani. WASHINGTON (Reuters) – U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy lost momentum in the fourth quarter.
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That was the second straight month of declines and confounded economists’ expectations for a rise to a 1.02 million-unit rate. Apart from high borrowing costs, housing has. Single-family starts in.
Starts for November were revised down from a 1.26 million pace. Three of four regions posted declines, led by a 26.3% drop to the lowest since 2015 in the West.
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As such, we have temporarily been able to overcome – partially – the low level of new-home building through the occupation of previously vacant dwellings. Housing. decline. We are not about to.
U.S. Housing Starts Decline to Two-Year Low in December by Anthony B Sanders February 26, 2019. This is a syndicated repost courtesy of Confounded Interest.. December’s US housing starts were released today and they are getting down.
U.S. Housing Starts Decline to Two-Year Low in December – BNN. – Starts for November were revised down from a 1.26 million pace. Three of four regions posted declines, led by a 26.3 percent drop to the lowest since 2015 in the West. One sign that builders will stay busy in coming months: About 187,000 homes were authorized but not yet started in December, the most since 2007.
Treasury Two-Year Yields Drop to Record Low as Economy Weakens – Treasury two-year note yields fell to a record low as reports showed that. Poor’s 500 Index falling 1.2 percent. Housing starts slipped to 2.2 percent in June from a month earlier, economists in a.
Housing starts sink 11% to two-year low in. The percent decline was the largest in eight months, and bad weather could have contributed to the sharp drop in homebuilding last month. US housing starts. single-family starts fell 6.7 percent to a two-year low and permits for the category slumped.
Hamptons homebuyers hold off while waiting for lower prices Drop in housing starts shows industry may weigh on growth DoubleLine to make its own brand of mortgage-backed securities Story out in MSM reporting that DoubleLine is making "its own brand" of mortgage-backed securities is not true. Wouldn’t be bad, but untrue. – jeffrey gundlach (@truthgundlach) December 21.Housing starts in metro Atlanta declined in the fourth quarter of 2018 – the first time that’s happened since the Great Recession – but it’s because bad weather and a shortage of lots, not.