Housing starts rose 7.0 percent month-over-month and 46.7 from a year ago in March, according to a monthly report from the U.S. Census Bureau released today.
At a seasonally adjusted annual rate of 1.04 million homes in March, the rate of new construction has gone up each month since November when it measured 841,000.
With tight inventory in many parts of the country, housing starts are critical to the housing market turnaround, according to Lawrence Yun, chief economist of the National Association of Realtors. There have to be homes available for those who sell their homes, he has said.
This post was last modified on %s = human-readable time difference 6:11 am
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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