US homebuilding sees biggest drop since April 2020
16 February 2024
Washington, DCCNN — US homebuilding dropped significantly in January, as winter storms and higher mortgage rates stymied progress on the housing shortage. Housing starts, a measure of new home construction, fell by 14.8%, compared with the previous month, according to data released Friday by the Census Bureau. It was the biggest monthly drop since April 2020. Starts […]
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