August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436 billion, a 2.9 percent fall from July, according to U.S. Census Bureau data released Monday.
Source: Inman News
In 3 months, spending on new home construction fell by 9%
Published in government spending, John Burns Real Estate Consulting, Markets & Economy, national association of home builders, News Brief, residential construction, Select, single-family homes, spending and U.S. Census Bureau
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