Topic: Real Estate Sector

Summary Box: Housing construction falls in Feb.

Summary Box: February snows depress housing construction with permit applications also downHOUSING STARTS: Construction of new homes and apartments fell 5.9 percent in February to a seasonally adjusted annual rate of 575,000 units. SNOW EFFECT: Economists blamed the heavy snowstorms that hit the East Coast, noting that the ...
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Bad weather depresses housing starts in February

WASHINGTON (Reuters) - U.S. housing starts fell last month as winter storms disrupted construction, and another drop in building permits suggested the weakness would linger. Though the data on Tuesday was an indication home building would clip economic growth in the first quarter, it was not as weak as analysts ...
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Housing starts, permits fall in February

WASHINGTON (Reuters) - Housing starts and permits to build new homes both fell in February as winter storms in some parts of the country disrupted home building, a government report showed on Tuesday. The Commerce Department said housing starts fell 5.9 percent to a seasonally adjusted annual rate of 575 ...
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Ahead of the Bell: Housing starts

Housing construction likely slipped in February in part because of severe winter snowstormsHousing construction, which hit a six-month high in January, likely slipped in February, reflecting in part the major snowstorms that hit many parts of the country. The housing industry in good times is a major generator of jobs ...
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