Bill mcBride

1 month ago | calculatedrisk.substack.com | Bill McBride |Bill mcBride

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,501,000. This is 11.2 percent above the revised January estimate of 1,350,000, but is 2.9 percent below the February 2024 rate of 1,546,000. Single-family housing starts in February were at a rate of 1,108,000; this is 11.4 percent above the revised January figure of 995,000.

1 month ago | calculatedrisk.substack.com | Bill McBride |Bill mcBride

Here is the ICE March Mortgage Monitor report (pdf).