February Housing Starts Up Nearly 10%

February housing starts, permits and completions posted near double-digit percentage increases, ending five months of declines, HUD and the Census Bureau reported Thursday.

Fitch: Homebuilders Unlikely to Sustain Strong Pricing Power

Fitch Ratings, Chicago, said the strong pricing power currently enjoyed by US homebuilders is not likely sustainable through 2022, given declining affordability, weakening consumer confidence, recent moderating demand and expectation that supply-demand dynamics will improve.

Housing Market Roundup Aug. 14, 2020

Here’s a quick-hit summary of housing market headlines this week, featuring reports from Redfin; Bankrate.com; Black Knight; and Fitch Ratings.