The decline in starts came as Omicron cases surged across the U.S. and wintry weather hampered builders’ progress, according to data Thursday from the Census Bureau and HUD.
Source: Inman News
Housing starts dipped in January amid Omicron surge, cold weather
More from AnalysisMore posts in Analysis »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why Trump’s moves to control Fed could send mortgage rates higher
- US home prices see modest annual gains, but lag behind inflation
More from building permitsMore posts in building permits »
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- California passes bipartisan bills that overhaul environmental law to bolster building starts
- How homeowners, not builders, are driving Denver’s inventory boom
- Housing starts plunge 10% in May to lowest level since 2020
More from COVID-19More posts in COVID-19 »
More from housing completionsMore posts in housing completions »
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- Housing starts beat expectations in February but headwinds loom
- Housing starts decline in January as homebuilder uncertainty rises
- Market headwinds stifled new construction growth in June
More from housing startsMore posts in housing starts »
- The American homeownership dream is primed for a comeback
- Fannie Mae dials back sales expectations by 220K homes
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- New residential sales drop nearly 14% in May, their sharpest in 3 years
More from Ian ShepherdsonMore posts in Ian Shepherdson »
- Rates ease as inflation gauge moves in the right direction
- Fed signals it may be done raising rates, but Powell won’t talk pivot
- Fed Chair Jerome Powell signals latest rate hike could be the last
- Mortgage rates punch through 7% but may pause for Fed clues
- Omicron could lead Fed to exercise restraint on mortgage pullback
More from low inventoryMore posts in low inventory »
More from Markets & EconomyMore posts in Markets & Economy »
More from mortgage ratesMore posts in mortgage rates »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Is fall the new spring? Market winds may be shifting, NAR says
- How a government shutdown would affect real estate agents
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
More from new constructionMore posts in new construction »
- These 10 real estate markets have lost $233B in value since 2024
- The American homeownership dream is primed for a comeback
- New-home sales declined in July but beat analyst expectations
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- South Florida luxury prices defy gravity while overall market dips
More from OmicronMore posts in Omicron »
- Douglas Elliman tells some workers to stay home amid Omicron wave
- More booster shots, testing and other measures coming in response to Omicron variant
- Fed still considering faster tapering of support for mortgages
- As Omicron COVID variant spreads, real estate agents grin and bear it
- Omicron could lead Fed to exercise restraint on mortgage pullback
More from RCLCO AdvisoryMore posts in RCLCO Advisory »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from the U.S. Department of Housing and Urban Development (HUD)More posts in the U.S. Department of Housing and Urban Development (HUD) »
More from U.S. Census BureauMore posts in U.S. Census Bureau »
More from winterMore posts in winter »
- A reptile dysfunction: Agents dodge falling iguanas on the job in Florida
- 9 tips for a warm and cozy home showing in the dead of winter
- Win the winter sales slowdown with these 5 cozy real estate listing tips
- 3 tried-and-true ways to ensure your business doesn’t freeze this winter
- 5 ways agents can take advantage of the off-season
Be First to Comment