DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Sarah Silbiger - 1 homebuilding - 1 homebuilders - 1 Conrad DeQuadros - 1 Christopher Rupkey - 1 Colin Johanson - 1 Lucia Mutikani - 1 Dan Burns - 1
Top related locs:
Washington , U.S WASHINGTON homebuilding New York Midwest West Northeast U.S
Top related orgs:
REUTERS - 1 Brean - 1 Commerce Department - 1 Data - 1 Mortgage Bankers Association - 1 Federal Reserve - 1 Treasury - 1 Realtors - 1

Search resuls for: "Colin Johanson"


3 mentions found


☆ US single-family starts rise; soaring mortgage rates a challenge
  + stars: | 2023-10-18 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +6 min
In addition, the jump in housing starts partially recouped the decline in August. The rebound in homebuilding probably reflected permits approved several months ago before mortgage rates broke above 7%. Single-family housing starts, which account for the bulk of homebuilding, increased 3.2% to a seasonally adjusted annual rate of 963,000 units last month, the Commerce Department said. Single-family starts rose in the Midwest, West and the densely populated South, but plunged 19.0% in the Northeast. Though permits are a leading indicator, economists cautioned against being too optimistic about homebuilding prospects, citing the soaring mortgage rates and souring builder sentiment.
Persons: Sarah Silbiger, homebuilding, homebuilders, Conrad DeQuadros, Christopher Rupkey, Colin Johanson, Lucia Mutikani, Dan Burns, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, Brean, Commerce Department, Data, Mortgage Bankers Association, Federal Reserve, Treasury, Reuters, Realtors, Barclays, Thomson Locations: Washington , U.S, WASHINGTON, homebuilding, New York, Midwest, West, Northeast, U.S
☆ US housing market stabilizing as single-family homebuilding, permits surge
  + stars: | 2023-04-18 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +5 min
Summary Single-family housing starts increase 2.7% in MarchSingle-family building permits jump 4.1%Overall housing starts fall 0.8%; permits drop 8.8%WASHINGTON, April 18 (Reuters) - U.S. single-family homebuilding increased for a second straight month in March, while permits for future construction surged, offering some glimmers of hope for the depressed housing market ahead of the busy spring selling season. The improvement in the single-family housing market segment, which was reported by the Commerce Department on Tuesday, likely reflected buyers taking advantage of a retreat in mortgage rates. A survey on Monday showed falling mortgage rates and tight supply of previously owned houses were supporting the new home market. Single-family housing starts, which account for the bulk of homebuilding, rose 2.7% to a seasonally adjusted annual rate of 861,000 units last month. Single-family housing starts dropped 27.7% on a year-on-year basis in March.
☆ U.S. consumer confidence ebbs; house price inflation slows further
  + stars: | 2023-02-28 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +6 min
But the correlation between confidence and consumer spending has been weak. The Conference Board's consumer confidence index dropped to 102.9 this month from 106.0 in January. Consumer spending increased by the most in nearly two years in January, driven by a surge in wage gains. The S&P CoreLogic Case Shiller national home price index, covering all nine U.S. census divisions, increased 5.8% year-on-year in December, a second report showed on Tuesday. Price growth remained strong in the South, with double-digit gains in Miami, Tampa and Atlanta.
0 next >>
Total: 3