Housing starts fall 5.8%, disappointing analyst estimates

Housing Starts Fall More Than Expected In February. But one reason for keeping a lid on this prediction arises from the fact that today’s soft data on housing starts follows disappointing.

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The key spring selling season got off to a disappointing start in March, with housing starts dropping 5.8 percent on the month. The decline in starts was largely concentrated in the volatile multifamily component. multifamily starts fell 16.9 percent on the month, but the decline is likely due to payback.

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Progress Residential prices first REO-to-rental securitization Housing starts fall 5.8%, disappointing analyst estimates nahb created its own estimate, and forecast that the annual rate of housing starts in September reached between 875,000.

Housing starts recovered sharply from a disappointing July report, exceeding even the high end of analysts’ estimates. The level of new permits issues, however, was disappointing. For the first eight months of the year, total starts are up 6.9% on a non-seasonally adjusted basis and single-family starts are up 6.3%.

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Housing Starts Fall 5.8%, Disappointing Analyst Estimates Posted on April 17, 2012 by marshfieldmatters By Kerri Panchuk April 17, 2012 HousingWire.com Starts on new homes fell 5.8% in March to 654,000 units, compared to 694,000 in February, the government said Tuesday.

Analysts were looking for a mild pullback to a seasonally adjusted annual rate of 1.048 million units for last month. As it turns out, that was far too optimistic. The Census Bureau reports that housing starts slumped 17% last month to an annual pace of 897,000, the lowest in more than a year. Is the weakness a danger sign for the macro trend?

Friday, June 16th, 2017 Putting a bow on a big week for economic data, Housing Starts and Permits results for May came out ahead of the bell this Friday, but the results were not good.

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U.S. stocks tumbled, while commodities entered a bear market, after signals of a global slowdown in manufacturing added to disappointing housing. earlier. Analysts projected a gain of 3.8 percent,

Housing starts fall 5.8%, disappointing analyst estimates NAHB created its own estimate, and forecast that the annual rate of housing starts in September reached between 875,000. The Northeast saw the biggest drop, with the gauge there falling 13 points.