https://www.realtor.com/news/real-estate-news/u-s-housing-starts-drop-to-lowest-level-since-june-2020/
New-home construction dropped by 11.3% in August, falling short of expectations as builders shifted their focus from new starts to project completions due to elevated mortgage rates surpassing 7%. The annual pace of housing starts fell to 1.28 million, with single-family home construction posting a 4.3% decline and apartment construction plummeting by 26.3%, according to
How Elevated Mortgage Rates Are Affecting Housing Starts
Published in Business and Uncategorized
More from BusinessMore posts in Business »
- Elon Musk says SpaceX doesn’t need ‘magic’ to put AI data centers up in space
- Knicks ticket prices plunge more than 50% ahead of Game 3 at MSG — but not just because Trump’s going
- OpenAI files confidentially for IPO — but there’s a catch
- My golf buddy worked as a financial adviser. Here’s how I knew his friendship was fake.
- Your tech portfolio could be on the wrong side of the AI boom
- Judge’s Order Halts Google Data Center Project in Minnesota
- Iran says it has not abandoned negotiations despite fresh clashes with Israel
- Inside Rob Gronkowski’s Wildly Frugal NFL Rookie Lifestyle That Helped Him Build $45 Million Net Worth-and $13 Million Property Portfolio
- In pictures: The greatest FIFA World Cup icons of all time
- Tutor Perini unit grabs $48M data center manufacturing job
More from UncategorizedMore posts in Uncategorized »
- MEXC’s RealStocks Gives Crypto Users Actual Share Ownership: No Brokerage Account Needed
- Elon Musk says SpaceX doesn’t need ‘magic’ to put AI data centers up in space
- Knicks ticket prices plunge more than 50% ahead of Game 3 at MSG — but not just because Trump’s going
- OpenAI files confidentially for IPO — but there’s a catch
- My golf buddy worked as a financial adviser. Here’s how I knew his friendship was fake.
- Your tech portfolio could be on the wrong side of the AI boom
- Judge’s Order Halts Google Data Center Project in Minnesota
- Iran says it has not abandoned negotiations despite fresh clashes with Israel
- Inside Rob Gronkowski’s Wildly Frugal NFL Rookie Lifestyle That Helped Him Build $45 Million Net Worth-and $13 Million Property Portfolio
- In pictures: The greatest FIFA World Cup icons of all time