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RBC Capital: February US housing data seen as positive, with starts significantly above consensus, driven by multifamily rising 24.1% month-over-month; housing permits also well above expectations, and homebuilder confidence rose, driven by pent-up demand
Published: March 21, 2023 by RBC Capital Markets LLC
CIBC: February's US housing starts and building permits top expectations, up 10% and 14% month-over-month, respectively; building confidence sees third sequential rise as potential homebuyers turned to new home market due to shortage of existing inventory
Published: March 20, 2023 by CIBC World Markets Inc.
US single-family starts up 1.1% in February to an 830,000 seasonally adjusted annual rate, multifamily starts up 24.0% to annualized 620,000 pace; increased market uncertainty led by building material supply bottlenecks, volatile mortgage rates: NAHB
Published: March 20, 2023 by National Association of Home Builders (NAHB)
Pantheon: February single-family home starts up 1.1% from January, continuing outperformance relative to permits over past three months; this may reflect stabilizing construction costs, prompting some developers to push ahead with prior approved projects
Published: March 16, 2023 by Business Insider
Privately‐owned US February housing starts at seasonally adjusted annual rate of 1,450,000 up 9.8% from revised January level, down 18.4% annually; building permits fell 17.9% annually to 1,524,000, completions up 12.8% to 1,557,000: Dept. of Commerce
Published: March 16, 2023 by U.S. Dept. of Commerce

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