Construction starts on new housing units dropped 5.5 percent to a seasonally adjusted annual rate of 1,277,000 — 19.3 percent lower than levels in May 2023, according to U.S. Census data released Thursday.
Source: Inman News
Housing starts plunge 5.5% in May as homebuilders act with caution
Published in census bureau, housing starts, Markets & Economy, Orphe Divounguy, Select, Uncategorized and Zillow
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