WASHINGTON (Reuters) - Housing starts and permits for future construction jumped to a 1-1/2 year high in November as demand for rental apartments rose, suggesting the housing market was starting to recover.
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BING NEWS:
- Housing Market Predictions For 2025: When Will Home Prices Drop?
Mortgage rates hover closer to 7% than 6%—far from what most economists and analysts forecasted and above the rates we saw the first week of the year. Record-high home prices also continue their ...
12/19/2024 - 3:50 am | View Link - US Housing Starts Fall to Four-Month Low on Multifamily Decline
US new-home construction unexpectedly fell in November as a drop in multifamily projects mitigated a rebound in starts of single-family houses, solely in the storm-ravaged South.
12/18/2024 - 3:35 am | View Link - Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to boost new housing construction and stimulate demand for previously owned homes, the National ...
12/12/2024 - 4:01 am | View Link - Fact check: Housebuilding starts have fallen for four quarters in Scotland
Reduced numbers of houses being built has alarmed some in the industry but construction work and completions continue.
12/11/2024 - 8:49 pm | View Link - More
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