U.S. housing starts fell by 4.5 percent in January to an annualized rate of 1.31 million units, according to Census Bureau data. It was the fifth consecutive monthly decline, making the longest such streak since 2009. Analysts surveyed by Bloomberg had given a median estimate of 1.36 million units. Building permits for the month edged up by just 0.1 percent, compared to Wall Street expectations of 0.8 percent.
U.S. housing starts decline, permits flat
Most Recent
Most Read
Amazon unveils new fulfilment strategy
Fri, September 22nd, 2023
Quebec balks at waiving LBM sales tax
Fri, September 22nd, 2023
Home Hardware dealer-owners mark National Forest Week
Fri, September 22nd, 2023
Retail sales edge up in July
Fri, September 22nd, 2023
Last day today to get low hotel rate for our Conference in Whistler!
Thu, September 21st, 2023
Wolseley to add new location in Toronto
Thu, September 21st, 2023
Throwback Thursday: 20 years ago, Sodisco-Howden began the process which led to its sale
Thu, September 21st, 2023
TIMBER MART charity raises funds for kids with golf tournament
Thu, September 21st, 2023
Nova Scotia store wins Home Hardware’s Walter J. Hachborn Award
Wed, September 20th, 2023
New report details market share of every retail banner in Canada
Wed, September 20th, 2023