US Housing Starts Drop to Lowest Since 2020 While Permits Rise

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US home building sank in August, dropping 11.3% from July levels, as mortgage rates stayed elevated amid lingering inflation.US home building sank in August, dropping 11.3% from July levels, as mortgage rates stayed elevated amid lingering inflation.

Home building sank in August amid crushing mortgage rates | CNN Business

New residential construction, dipped 11.3% month-over-month in August to 1.283 million units.New residential construction, dipped 11.3% month-over-month in August to 1.283 million units.

Homebuilders face a tough balancing act on new construction amid high mortgage rates

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August Housing Starts: -11.3% M/M to 1.283M vs. 1.435M expected and 1.447M prior (revised from 1.452M).Building Permits: +6.9% M/M to 1.543M vs.1.440M expected and 1.443M prior...August Housing Starts: -11.3% M/M to 1.283M vs. 1.435M expected and 1.447M prior (revised from 1.452M).Building Permits: +6.9% M/M to 1.543M vs.1.440M expected and 1.443M prior...

Housing starts plunge more than expected in August as mortgage rates stay high (BATS:ITB) | Seeking Alpha

Canadian home sales decline for the second month in a row, but prices remain steady. Find out why this trend has experts puzzled.

Canadian home sales see second month of decline as prices hold steady - REM

The Most Splendid Housing Bubbles in Canada: Price Drops Spread amid Slowing Sales, Rising Supply, Bank of Canada Tightening | Wolf Street

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New U.S. home construction fell 11.3% in August to the lowest level in three years as a spike in mortgage rates suppresses demand among would-be buyers.New U.S. home construction fell 11.3% in August to the lowest level in three years as a spike in mortgage rates suppresses demand among would-be buyers.

Housing starts unexpectedly plummet to lowest level since 2020 | Fox Business

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Home sales for August were down 12% year-over-year.

Twin Cities housing stock sinks on higher rates, but prices keep climbing

Canadian housing starts fell 1% in August compared with the previous month as groundbreaking decreased on multiple-unit projects, data from the national housing agency showed on Monday.Canadian housing starts fell 1% in August compared with the previous month as groundbreaking decreased on multiple-unit projects, data from the national housing agency showed on Monday.

Canadian housing starts fall 1% in August -CMHC | Reuters

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Higher interest rates continue to cool down Canada’s housing market following a surprising solid rebound this spring.

Housing market stagnation setting in - RBC Thought Leadership

Average home prices in Canada rose slightly in August as sales slowed and new listings returned to more normal levels, CREA said. Read on.

Home prices levelling off as sales slow, listings rebound: CREA | Financial Post

Average home prices in Canada rose slightly in August as sales slowed and new listings returned to more normal levels, CREA said. Read on.

Home prices levelling off as sales slow, listings rebound: CREA | Financial Post

Prices of residential real estate continue to climb in Leelanau County. Last month’s sales of 45 homes for a total of $35,877,534 produced an aver...

Leelanau Home Sale Prices Hit New Highs | The Ticker

The average sale price for a townhouse was $692,600 in August

Average price for single family home in Guelph for August: $961,300 - Guelph News

There were 285 new residential listings last month, the largest number added in August in over 15 years.There were 285 new residential listings last month, the largest number added in August in over 15 years.

Home sales dip in Huron-Perth despite listings boom

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Realtors says more sellers are opting to sell their existing property before buying a new one, as competition for properties is less intense than in the springRealtors says more sellers are opting to sell their existing property before buying a new one, as competition for properties is less intense than in the spring

New tactics in an unsettled real estate market - The Globe and Mail

Washington, DC, September 19, 2023—Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000, 11.3% below the revised July estimate of 1,447,000 and 14.8% below the August 2022 rate of 1,505,000, according to the U.S. Census Bureau.

Housing Starts Declined 11.3% in August

House sales are picking up, with prices dropping in August, compared to the same time last year.House sales are picking up, with prices dropping in August, compared to the same time last year.

Houses selling faster as prices drop - REINZ | RNZ News

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New Starts brought the lowest print since June 2020, and helps illustrate how 7%+ mortgage rates have thrown a wet blanket over the housing market as a whole. New Starts brought the lowest print since June 2020, and helps illustrate how 7%+ mortgage rates have thrown a wet blanket over the housing market as a whole.

Housing Starts Depict Slowdown as Fed Meeting Begins - September 19, 2023 - Zacks.com

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Negative home loan news had a downward impact on home sales in the key North Side neighborhoods of Gold Coast, Lakeview, Lincoln Park, Near North, North Center, and Old Town.

Loop North News - 7 percent-plus mortgage rates squeeze North Side home sales

It's a mixed bag of residential real estate numbers this month, in our exclusive MoodyOnTheMarket.com 'first look' from the Southwest Michigan Association ofIt’s a mixed bag of residential real estate numbers this month, in our exclusive MoodyOnTheMarket.com ‘first look’ from the Southwest Michigan Association of Realtors. More sales in the short term—but buyers faced continued higher prices and dramatically

Sales, Prices, Mortgage Rates All Increase in Latest Monthly Analysis of SW Michigan Home Buying | Moody on the Market

A top ranked economics and finance blog with a focus on the housing market

Calculated Risk: August Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction

According to the Realtors Association of Grey Bruce Owen Sound, there were 219 units sold last monthAccording to the Realtors Association of Grey Bruce Owen Sound, there were 219 units sold last month

Grey-Bruce home sales down in August

Real estate markets across the country continued to lose steam in August following the latest Bank of Canada rate hikes in June and July. Everywhere outside of Alberta and some pockets of Atlantic Canada, that is.Real estate markets across the country continued to lose steam in August following the latest Bank of Canada rate hikes in June and July. Everywhere outside of Alberta and some pockets of Atlantic Canada, that is.

BoC's summer rate hikes continue to slow housing activity...except in Alberta and Atlantic Canada - Mortgage Rates & Mortgage Broker News in Canada

Rising interest rates haven’t seemed to dampen sales, as residential real estate prices continue to soar to record highs. Sales for August showed ...

Local Real Estate Prices Defy High Interest Rates | The Ticker

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Move Smartly Toronto Area Real Estate Market Report: September 2023

Twin Cities home sales took another double-digit hit in August and prices continued to tick up, but new construction fared much better than existing homes, according to a new report.Twin Cities home sales took another double-digit hit in August and prices continued to tick up, but new construction fared much better than existing homes, according to a new report.

Home sales are down, but new homes are a bright spot | Finance & Commerce

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WASHINGTON (Reuters) - U.S. single-family homebuilding fell in August, likely as a resurgence in mortgage rates weighed on demand for new construction...

US single-family housing starts tumble in August | WKZO | Everything Kalamazoo | 590 AM · 106.9 FM

A report from the Sarnia-Lambton Association of Realtors said 116 homes were sold last month, which is down overall by four per cent year-to-date. A report from the Sarnia-Lambton Association of Realtors said 116 homes were sold last month, which is down overall by four per cent year-to-date.

Local home sales trend downward in August

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OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.

CMHC reports annual pace of housing starts down 1% in August - St. Albert Gazette

Home sales see small gain, prices make small dip - DON FENLEY @ CORE DATA

OTTAWA, ON, Sept. 18, 2023 /CNW/ - The trend in housing starts was flat in August at 244,507 units, up 0.8% from 242,552 units in July, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is aOTTAWA, ON, Sept. 18, 2023 /CNW/ - The trend in housing starts was flat in August at 244,507 units, up 0.8% from 242,552 units in July, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a

Housing starts flat in August - Benzinga

By Robb M. Stewart OTTAWA--Canadian housing starts edged lower last month as construction of multifamily homes slipped. Housing starts across Canada came in...By Robb M. Stewart OTTAWA--Canadian housing starts edged lower last month as construction of multifamily homes slipped. Housing starts across Canada came in...

Canada Housing Starts Slip 1% to 252,787 in August From July - MarketWatch

National home sales fall 4% between July and August as market slows: CREA - BNN Bloomberg

Market NewsMarket News

Canadian home sales fall as higher borrowing costs weigh | Kitco News

Canadian home prices are stabilizing heading into the fall, CREA said Friday, as higher interest rates cool demand among buyers and the level of new listings grows.Canadian home prices are stabilizing heading into the fall, CREA said Friday, as higher interest rates cool demand among buyers and the level of new listings grows.

Home sales fell in August. Why that might be good news for buyers - National | Globalnews.ca

Canadian home prices are stabilizing heading into the fall, CREA said Friday, as higher interest rates cool demand among buyers and the level of new listings grows.

Home sales fell in August. Why that might be good news for buyers - National | Globalnews.ca

But a return to housing affordability isn’t imminent, says an economistBut a return to housing affordability isn’t imminent, says an economist

Home sales fall between July and August as market slows | Investment Executive

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