Housing starts unexpectedly plummet to lowest level since 2020

New U.S. home construction dropped in August to the lowest level since 2020, underscoring the ongoing challenges facing the housing market. tumbled 11.3% last month to an annual rate of 1.28 million units, according to new Commerce Department data released Tuesday. That is well below Refinitiv…#commercedepartment #refinitiv #danielvielhaber #nationwide #robertdietz #nahb #federalreserve #freddiemac
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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