États-Unis Mises en chantier

Housing starts in the US plunged 14.7% month-over-month to an annualized rate of 1.321 million in March 2024, reversing from an upwardly revised 1.549 million level in February and well below forecasts of 1.48 million. It is the lowest reading since August and the biggest decline since April 2020, as a rise in mortgage rates weighed on potential buyers. Single-family housing starts moved down 12.4% to 1.022 million, and the rate for units in buildings with five units dropped 20.8% to 290 thousand. Starts fell in the Northeast (-36% to 80 thousand), the Midwest (-23% to 157 thousand), and the South (-17.8% to 736 thousand) but rose in the West (7.1% to 348 thousand).