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Housing starts dropped 19.3% in May as builder confidence continues to slide
HousingWire via Yahoo Finance· 4 days agoThis is the first time all three metrics have been below 50 since December 2023. “We are in an...
US single-family housing starts fall in May
Reuters via Yahoo Finance· 4 days agoU.S. single-family homebuilding fell in May amid continued high mortgage rates. Single-family housing starts, which account for the bulk of homebuilding,...
Atlanta Fed Lowers Q2 GDP Growth Estimate To 3%
RTT News· 4 days agoThe Atlanta Fed slightly cut its second quarter economic growth estimate on Thursday, citing a downgrade to the investment component following the release of housing starts ...
Housing Starts at 4-Year Low; High Construction Costs and Mortgage Rates Blamed
RISMedia Real Estate News· 4 days agoConstruction of new U.S. homes fell 5.5% in May, dropping to the lowest level since 2020, according...
Housing Starts Hindered By Barriers To New Construction
National Mortgage Professional· 4 days agoDepartment of Housing and Urban Development (HUD) and the Census Bureau. Overall housing starts fell 5.5% in May to ...
US job market shows signs of cooling; housing still struggling By Reuters
Investing.com· 4 days agoMeanwhile, separate data from the Census Bureau showed a housing market that continues to struggle...
More single-family built-for-rent homes are under construction in the U.S.
CNBC· 3 days agoAssociation of Home Builders, and experts say this is in part due to the housing affordability...
"Middle class" is an outdated misnomer: It's now "a minimum standard of living"
Salon via Yahoo News· 12 hours agoWhat does it mean to be poor in America? The Census Bureau defines “poverty” solely as a measure of...
New Home Construction Slows as Mortgage Rates Remain High
New York Times· 4 days agoConstruction of new homes in the United States dropped below expectations in May as builders pull...
US labor market, housing data point to slowing economy
Reuters via Yahoo Finance· 4 days agoFirst-time applications for U.S. unemployment benefits fell moderately last week, while new housing...