US housing starts in May down by 0.9% to 1.269 million units

We had some housing data to begin the week, but the big market mover was the meeting of the. Overall housing starts were down 0.9% to come in at 1.269 million in May.. Multifamily units are up 13.7% for the year to 449,000.. wouldn 't be able to order components from the U.S. without prior approval.

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Housing starts dropped 0.9% to a seasonally adjusted annual rate of 1.269 million units last month amid a drop in the construction of.

Total housing starts posted a 0.9% decrease in May (1.269 million units) compared to an upwardly revised april estimate of 1.281 million units, according to the joint data release from the Census Bureau and HUD. Relative to May 2018, total starts are 4.7% below the annual pace of 1.332 million units.

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Implications: housing starts surpassed expectations in May, coming in at a 1.269 million annualized pace and signaling continued signs of life in home building in the second quarter. Yes, today’s headline monthly change showed a decline of 0.9%. But this is only because April’s reading was revised up to a 1.281 million annualized pace from a prior reading of 1.235 million.

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The Commerce Department said Wednesday that construction was started at a seasonally adjusted annual rate of 1.25 million in.

US housing starts dip 0.9% in June, permits reach two-year low. Data for May was revised slightly down to show homebuilding falling to a pace of 1.265-million units, instead of slipping to a.

According to the analysis, housing starts fell 0.9% in May 2019 to a seasonally adjusted annual rate of 1.269 million units.

Housing starts decreased 0.9% to a seasonally adjusted annual rate of 1.253. Data for May was revised slightly down to show homebuilding falling to a pace of 1.265 million units, instead of slipping to a rate of 1.269 million units as. to a rate of 1.220 million units in June, the lowest level since May 2017.

Housing starts slipped 0.9% in May to a seasonally adjusted rate of 1.269 million units, the Commerce Department reported today. But the April starts were revised upward to a rate of 1.281 million units compared to the rate of 1.235 million previously reported.

Housing starts, a measure of new-home construction, fell 0.9% in June from the prior month to a seasonally adjusted annual rate of 1.253 million, the Commerce Department said Wednesday. Knowledge for Might was revised barely down to indicate homebuilding falling to a tempo of 1.265 million models, as an alternative of slipping to a charge of 1.