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Housing starts fell a lot further than expected as builders pulled back on construction of new single-family homes.
Housing starts, a measure of home construction, dropped 11.4% in March from February, according to new Census Bureau data.
Building enough housing is getting more difficult for the builders as their supply is rising and profit margins are falling.
Construction prices have climbed for the third straight month in March, the first time this has happened since September 2023.
One would think that the pace of new residential construction largely mirrors the pace of filings for building permits. And ...
This story is the fourth in a four-part series. Read Part 1 here, Part 2 here and Part 3 here. The U.S. has been short of the ...
Higher materials prices are expected to stall new construction homes and renovations, and make both more expensive for ...
"While the complexity of these reciprocal tariffs makes it hard to estimate the overall impact on housing, they will undoubtedly raise some construction costs," Buddy Hughes, chairman of the National ...
This story is the second in a four-part series. Read Part 1 here. U.S. house prices are out of reach for millions of ...
“Relatively strong construction activity in the South and West have helped take some pressure off of home prices,” wrote Hannah Jones, senior economic research analyst at Realtor.com, in ...