WASHINGTON (AP) – Cold winter weather appears to have cut into homebuilding in the Midwest and Northeast, causing the pace of construction to tumble in January. Housing starts slipped. Building.
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Housing Starts, Permits Fall in January. in Daily Dose, Data, Featured, Government, News February 18, 2015 374 Views. Builders began work on fewer homes last month than they did at the end of 2014.
Meanwhile, the Commerce Department informs MHProNews that Dec. building permits dropped 2.9 percent to a SAAR of 1.23 million, but on the year are up 12 percent. Housing starts fell in the Midwest, South and West, but rose 24.7 percent from Nov. to Dec. in the Northeast, likely due to the warmer weather.
Housing starts fall, but permits soar Published by Aaron Zapata on January 22, 2010. Housing starts fall, but permits soar. Posted using ShareThis. Share this: Click to share on Twitter (Opens in new window) Click to share on Facebook (Opens in new window)
KEY DATA: Starts: -2%; Permits: -0.7%/ IP: +0.2%; manufacturing: +0.2%/ PPI: -0.8%; Non-Energy: -0.2% IN A NUTSHELL: "Economic performance remained mixed in January. fall, but if anyone knows what.
Residential starts fell 0.3% to a 1.139 million annualized. according to government figures released Friday. Permits, a proxy for future construction, slumped 1.7% to a 1.27 million rate. Both.
Rising mortgage rates last year also hurt demand, but their recent fall does not seem to have helped. a future sideways trend. Permits to start a new housing project (starts include both new homes.
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WASHINGTON (Reuters) – U.S. housing starts unexpectedly fell in January likely as bad weather disrupted building projects in some parts of the country, in what could bea temporary setback for the housing market.Groundbreaking fell 3.8 percent to a seasonally adjusted annual pace of 1.099 million units, the Commerce Department said on Wednesday.
The data are for new, privately-owned housing units, excluding "HUD-code" manufactured (mobile) homes. The data are from the Building Permits Survey, and from the Survey of Construction (SOC), which is partially funded by the Department of Housing and urban development (hud). Local building permit data may be found on the Building Permits.
Housing starts, permits fall in February – ibtimes.com – 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.