Housing starts reached as low as 478K (on a seasonally adjusted annual rate basis) in 2009 before beginning to recover. Report New Residential Construction Category Construction Region United States Source Census Bureau Stats Last Value 1.289M Latest Period Nov 2024 Last Updated Dec 18 2024, ...
We also anticipate housing starts to increase above 1.5 million in 2026 and remain around 1.5 million for the rest of the forecast. In 2025 and 2026, the housing stock is expected to rise more rapidly than total population, helped in part by the slower population growth. Despite a strong ...
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Building permits fell 4.6 percent to a rate of 1.301 million units, the lowest level since September 2017. Economists polled by Reuters had forecast housing starts rising to a pace of 1.310 million units last month and permits declining to a rate of 1.350 million units. Single-family homebuildi...
Our forecast shows the fall in residential construction continuing through the end of this year. Housing construction is then forecast to bounce back, but only modestly; by 2025, housing starts reach our estimated equilibrium of about 1.5 million units per year. ...
ReportHousing Vacancies and Homeownership CategoryHouse Sales RegionUnited States SourceCensus Bureau Stats Last Value65.60% Latest PeriodSep 2024 Last UpdatedOct 29 2024, 10:04 EDT Next ReleaseMar 18 2025, 10:00 EDT Long Term Average65.27% ...
AI investments are expected to enhance productivity in the future. Looking forward, we forecast a steady 2.5% trend in economic growth. With inflation remaining above 2% and the economy growing at its potential, we predict the Fed will maintain short-term interest rates well above 4% in 2024....
Short-Term Forecast Near-term AUD/USD trends will hinge on US labor market data, services sector PMIs (June 21), and central banks. Weaker-than-expected labor data from the US and policy support from Beijing could tilt monetary policy divergence toward the Aussie dollar. ...
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New Home Construction Holds Steady Housing starts rose in April as permits for future homes dipped slightly. Tim SmartMay 16, 2024 New Home Sales See a Spring Bump Sales picked up sharply from a weak February. Tim SmartApril 23, 2024