Housing starts dropped 2.6 percent on a month-over-month basis in January to a seasonally adjusted annual rate of 1.246 million units, primarily due to a 10.2 percent plunge in the multifamily sector, the Commerce Department reported Thursday. Single-family starts, on the other hand, rose 1.9 percent month-over-month to 823,000 units.
Housing starts fell 8.7% in the month of February, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce.
Relief in sight for homebuyers in high-priced West Coast cities Did Ben Carson just mistake an REO for an oreo? fhfa launches resources for lenders serving Spanish-speaking borrowers The Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae have collaborated to launch a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors and other real estate professionals in serving limited english proficient (lep) borrowers called Mortgage Translations.Los Angeles, May 6, 2016 – The federal home loan Bank of San Francisco (FHLBank San Francisco) today held a seminar at LA’s Southwest College to explore best practices for creating quality jobs and small business expansion in underserved West Coast communities.Productivity gains help CoreLogic’s 2Q net income rise by 2% 1-2. Real Gross Domestic Product and Trends, 1960-2012.. The Recovery Act provided substantial support for growth in. 2009 and.. the first quarter of 2009, household net worth fell by an estimated $16.1 trillion.. 21 percent of the increase in inequality from 1979 to 2007 was accounted.
Job creation at the company level cooled in February after a sizzling start to 2019 , ADP February payrolls up 183K, january payroll revised up to 300K. in around 0.3 percent, “so it's going to start showing up in the payrolls numbers.” The report comes amid robust job creation in an economy that was.
U.S. Housing Starts Cooled in February After Robust January By Tony Seruga U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter, government figures showed Friday.
OTTAWA (Reuters) – Canadian housing starts inched higher in February from the previous month, and building permits rose in January as the long housing boom continued to defy expectations of a.
Housing starts fall more than expected, permits steady October starts, permits fall more than expected in latest sign of softening real estate market.. starts have held steady above 2 million for the seventh straight month, and are quite strong in.
Metrostudy Releases Q1 2019 Residential Remodeling Index (RRI)- Strong Economy. WASHINGTON, D.C. (February 28, 2019) – Metrostudy, a Hanley Wood.. July 25, 2018 – by Ken Kalthoff – The real estate market is cooling in parts of. But builders haven't gained traction since the housing recession of a decade.
Austin-area builders started construction on 4,294 houses from January. starts figures "continue to show the strength of the market. "Other metros, nationally and regionally, are not having as.
Trump’s housing agency cracks down on no-money-down home loans Trump’s Housing Agency Cracks Down on No-Money-Down home loans prashant gopal , Bloomberg News (Bloomberg) — The Trump Administration is cracking down on national affordable housing programs because of concern over growing risk to the government’s almost $1.3 trillion portfolio of federally insured mortgages.
Housing starts fell 0.9% in May to 1,269 thousand after having jumped jumped 6.8% in April and 4.4% in March. Because these data are particularly volatile on a month-to-month basis, it is best to look at a 3-month moving average of starts (which is the series shown above).
New York providing grants to boost zombie property law compliance NY Zombie Home Registry.. TITLE OF BILL: An act establishing the "New York state abandoned property neighborhood relief act of 2014"; and to amend the real property actions and proceedings law, in relation to the duty of the mortgagee or its loan servicing agent to maintain property.
· U.S. Housing Starts Cooled in February After Robust January Mortgage rates remain historically low despite recent increases and consumer confidence. By Katia Dmitrieva |.