February housing starts, permits and completions posted near double-digit percentage increases, ending five months of declines, HUD and the Census Bureau reported Thursday.
Tag: Robert Rulla
Fitch: Heightened Risk of ‘Severe’ U.S. Housing Downturn in 2023
Fitch Ratings, New York, said it expects the housing market to weaken further in 2023 as affordability issues, softening economic environment and low consumer confidence continue to erode demand.
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.