Housing starts decline to two-year low in December

WASHINGTON, Feb 26 (Reuters) – U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the.

 · * Building permits decline 1.7 percent * Single-family starts drop 0.4 percent. By Lucia Mutikani. WASHINGTON, April 19 (Reuters) – U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates.

CMBS delinquency rates improve, except for retail property loans On CMBS loans secured by industrial properties, the 30-day rate was 5.56 percent, soaring from February 2017 by 68 basis points — the worst month-over-month deterioration of any property type. A 50-basis-point increase from a month earlier left the rate on hotel loans at 3.49 percent as of March 31. Delinquency on securitized retail property.

US Dec Housing Starts declined to a 2-year low: 1,078K v 1,256K eyed.. Privatelyowned housing starts in December were at a seasonally adjusted annual rate of 1,078,000. This is 11.2 percent.

Dollar slides to three-week low after Fed Powell’s testimony – That confidence report offset data showing U.S. housing starts falling to a more than two-year low in December. Improving risk appetite lifted the British pound following media reports Prime Minister.

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Construction on new houses sank 11% in December to a more than two-year low, but builders applied for more permits in a sign that a rebound is near.. Housing starts sink 11% to two-year low in.

 · The percent decline was the largest in eight months, and bad weather could have contributed to the sharp drop in homebuilding last month. US housing starts.

Single-family starts fell 6.7 percent to a two-year low and permits for the category slumped. Starts for multifamily homes with five or more units, a category that tends to be volatile and includes apartment buildings and condominiums, fell 22 percent, the most since November 2016. Starts for November were revised down from a 1.26 million pace.

WASHINGTON, Feb 26 (Reuters) – U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the.

U.S. housing market stuck in soft patch; confidence rises. – U.S. homebuilding tumbled to a more than two-year low in December as construction of both single and multi-family housing declined, the latest indication that the economy had lost momentum in the.

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The decline brings housing starts to a two-year low, below expectations which were already negative after last week’s mostly negative existing home sales report. Today’s report did, however, show that permits rose 0.3%, possibly indicating a rise in future construction.

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U.S. housing starts slip to Two-Year Low in December By Bloomberg Markets TV and Finance on February 26, 2019 in Economic News The following video is brought to you courtesy of the Bloomberg Markets and Finance YouTube Channel.