U.S. homebuilding activity increased across the board to a 13-year high in December, showing some recovery in the housing market by skleb1234
U.S. homebuilding activity increased across the board to a 13-year high in December, showing that an apparent recovery in the housing market could gain momentum in 2020 and help support further economic growth.
New housing starts surged nearly 17% in December, to an annual rate of 1.61 million units—the highest level since December 2006, ReutersThe housing market appears to be making a comeback, supported by a solid job market and growing optimism among home buyers and builders., not to mention a solid labor market which has led to wage gains that give potential homebuyers more money to spend.from multiyear highs: The 30-year fixed mortgage rate has dropped from its peak of 4.
On a year-over-year basis, housing starts were up just over 40% in December, while homebuilding in 2019 overall was up 3.2% compared to the year prior.Crucial statistics: The housing market makes up more than 3% of the U.S. economy, according to Reuters. Investment in the housing market rebounded last quarter, after contracting for six straight quarters, which was theThe largest share of the housing market, single-family homebuilding, rose 11% in December to the highest level since June 2007.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
What to watch today: Wall Street records, China's GDP really slows and Alphabet hits $1 trillionU.S. stock futures were pointing to more records at Wall Street's open this morning after the Dow, S&P 500 and Nasdaq closed Thursday at record highs.
Leer más »
Dollar stands tall on stronger U.S. data, hits fresh 8 month-high vs yenThe dollar gained on Friday as U.S. data suggested the world's largest econ...
Leer más »
TV Ratings: 'Rachel Maddow Show' Hits All-Time High With Lev Parnas InterviewRachel Maddow (maddow)'s interview with Rudy Giuliani associate Lev Parnas, a figure in the impeachment of President Trump, averaged 4.47 million viewers, the program's largest audience in its 11-year history
Leer más »
Derek Carr Hits Moonshot Home Run Off Toddler Son, 'Sorry Not Sorry!'DEREK CARR HAS ZERO CHILL!!!!!!!!!!!!!!
Leer más »
Miley Cyrus Hits the Gym - Then Goes Topless - with Boyfriend Cody Simpson'We have a different idea of 'werking out,' ' Miley Cyrus wrote over her clip of the two sweating it out in their own ways at the gym
Leer más »
China's December home price growth hits slowest annual pace in almost 1-1/2 yearsChina's new home prices grew at their weakest pace in 17 months in December...
Leer más »