Housing starts, a measure of new home construction, came in far beyond expectations that they would decline by 0.1%, according to data released Tuesday by the Census Bureau. The number of single‐family units rose in May to 1.631 million, above expectations for 1.40 million and above the revised April estimate of 1.34 million. Building permits, which track the number of new housing units granted permits, also rose in May, after dropping in March and April. Permits were up 5.
“The Federal Reserve nearing the end of its tightening cycle is also good news for future market conditions in terms of mortgage rates and the cost of financing for builder and developer loans.” Dietz added that the Federal Reserve and Washington policymakers must take into consideration how the state of home building is critical for the inflation outlook and the future of monetary policy.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
What is open on Juneteenth 2023? | CNN BusinessMore employers than ever are observing Juneteenth, which commemorates the end of slavery in the US. Here is what’s open and what's closed on Monday.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
Binance, SEC reach agreement to keep US customer assets in country | CNN BusinessBinance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district judge signed off on a consent order filed Saturday.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
Spotify executive Bill Simmons calls Harry and Meghan 'grifters' after podcast deal ends | CNN BusinessSpotify executive and popular podcaster Bill Simmons has hit out at Prince Harry and Meghan, Duchess of Sussex, labeling them “grifters,” after their multi-year partnership with Spotify ended on Friday.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
42,000 pounds of Johnsonville Beddar With Cheddar sausages recalled over possible contamination | CNN BusinessSausage company Johnsonville is voluntarily recalling more than 42,000 pounds of its “Beddar With Cheddar” sausages because of possible contamination.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
Italy ties China's hands at Pirelli over fears about chip technology | CNN BusinessItaly has imposed several curbs on Pirelli’s biggest shareholder, Sinochem, in a move aimed at blocking the Chinese government’s access to sensitive chip technology.
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »
Why it's becoming harder and more expensive to get homeowners insurance | CNN BusinessHomeowners insurance is becoming more expensive and, in many places, more difficult to find. There’s no sign that the situation is going to get better any time soon.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »