Housing Starts See Biggest Drop Since 1984

Housing starts see biggest drop since 1984

WASHINGTON (Reuters) - Housing starts posted their biggest decline in 27 years in February while building permits dropped to their lowest level on record, suggesting the beleaguered real estate sector has yet to rebound from its deepest slump in modern history.

Sections:  news   business   
RELATED ARTICLES
BING NEWS:
  • November Existing-Home Sales Log Biggest Annual Gain Since June 2021
    US existing home sales rose more than expected sequentially last month and logged the biggest year-over-year increase since June 2021, according to data released Thursday by the National Association ...
    12/19/2024 - 5:52 am | View Link
  • November Was A "Historically Busy" Month For Housing Starts, And It's Still Not Enough
    November marked the third month of increases in housing starts across Canada, but numbers remain too low to get on track to restoring housing affordability.
    12/16/2024 - 2:48 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News