top of page
Search
  • Metro East REIA

Housing Starts Drop to Lowest Level Since April 2020

The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than one year ago. May’s rate for units in buildings with five units or more was 469k. Privately‐owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,695,000, which is 7% lower than April’s revised number. Authorizations of units in buildings with five units or more were at a rate of 592k in May. Continue reading HERE...

0 views0 comments

Recent Posts

See All

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.6% in August, 2023. The all items index was up 3.7% for the 12 months ending in

None of us knows what life will bring. All of a sudden, your ability to generate income may be severely restricted by an illness or injury. In the past few months, my office has worked with several in

bottom of page