Market & Economy

Housing starts beat expectations in February but headwinds loom

Privately owned housing starts rose 11.2% but still fell behind February 2024 activity, according to data released Tuesday. Single-family home construction rose 11.4% to 1.1M on a monthly basis. New residential housing starts beat expectations in February as builders stayed resilient amid rising costs and policy confusion, data issued Tuesday by the U.S. Census Bureau and the Department of Housing...

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