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Drop in housing starts shows industry may weigh on growth

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Housing is a huge chunk of the U.S. economy. Look to Kiplinger’s Economic Outlooks for forecasts on existing home sales, new home sales and housing starts. Housing Market: Housing Starts & Home Sales

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Accelerating forward-looking housing market metrics, however, have not yet translated into starts and permitting. new record-highs. Rising growth expectations have been good news for the housing.

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WWDC 2019 Keynote - Apple Economists Forecast 2.2% June Housing Starts Drop. Starts Plunge 12.3%. A little more than half of the nation’s June drop was in the Midwest, where starts tumbled 35.8% after a 51.9% jump the prior month. The June data is considered a return to the region’s soft trend. Year-to-date, housing starts in the Midwest are running 2.9% below their pace in the first half of 2017, and single-family starts are 5.7% lower.

Drop in U.S. Housing Starts Shows Industry May Weigh on Growth. Drop in U.S. Housing Starts Shows Industry May Weigh on Growth. Bloomberg the Company & Its Products The Quint. Bloomberg.

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MARKET FORECAST "The political and economic mood music of the residential market is a duet of Brexit and future montary tightening". For the latest news, views and analysis on the world of prime property, visit our blog or @kfintelligence Headlines May 2018 UK HOUSE PRICE FORECAST UK house price growth has slowed

Labor and supply holding construction back. Housing starts fell 12.3% in June, indicating tariffs and taxes are a deterrence to continual growth, according to the latest report from the U.S. Census Bureau. privately owned housing starts decreased in June to a seasonally adjusted annual rate of 1.17 million, down 12.3% from May’s 1.34 million.

Three straight months of declines in new-home construction show homebuilding may weigh on second-quarter growth, commerce department data showed friday. Residential starts decreased 5.5% to a 1.09 million annualized rate (the estimate was 1.22 million), the weakest since September.

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