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Housing starts up but permits post lowest growth since mid-2011

The housing recovery has been uneven. US permits for future home construction surged to a near eight-year high in May, a sign of a buildup of momentum, but housing starts. This is the lowest per.

Permits, a proxy for future construction, advanced 0.6% to a 1.30 million rate. and accelerating income growth are supporting for-sale and for-rent housing demand. The annual pace of housing starts picked up in March after a sharp.. Sales of new U.S. homes in January fell to the weakest pace since October, driven.

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Washington – U.S. Housing Starts Approach Two-year Low. – Housing starts fell 0.3 percent to a seasonally adjusted annual rate of 1.139 million units last month, the lowest level since May 2017. Data for February was revised down to show homebuilding tumbling to a pace of 1.142 million units instead of the previously reported 1.162 million-unit rate.

Through June, Pueblo West’s 86 permits led the city of Pueblo’s 66 permits, according to a monthly housing report by. is on pace for its best year since 2008, when 394 building permits were issued..

Economy Watch: Housing Starts Pick Up, Permits Go Down Annualized single-family housing starts totaled 593,000, or 10.2 percent more than the revised March figure. May 19 2010

. growth rate was the lowest since 2011 thanks largely to the flattening of multifamily starts. But even after seven consecutive years of growth, new residen- tial construction in. drives up housing costs for low-income and minority residents. FUTURE.. for building permits, with Dallas issuing the largest number. (55,800).

Housing costs outstrip incomes, putting Colorado economy at risk – “We made too much to qualify for affordable housing. permits, especially along the Front Range, have surged to levels not seen since 2002, the new supply hasn’t prevented some of the steepest rent.

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WASHINGTON (AP) – U.S. housing starts jumped 18.6 percent in January, as builders ramped up. since May 2018. Still, overall housing starts in January were slightly below the 2018 total of 1.24.

Housing starts up but permits post lowest growth since mid-2011 Housing starts drop but permits see big surge in May Housing Starts Off 24.2 Percent; Permits Off 21.7 Percent

Sources: Builder Confidence Holds Steady in January Mortgage Applications Increase in Latest MBA Weekly Survey Housing starts up but permits post lowest growth since mid-2011 Freddie Mac: Mortgage rates fall to new low. Read More