bearish

Slump in US Housing Starts Signals Dismal Recovery Prospects

194 Views27 Aug 2024 11:26
US housing starts have fallen to the lowest level since 2020, with single-family starts reaching a 16-month low. Despite falling mortgage rates, soaring prices deter buyers and stifle housing sales.
What is covered in the Full Insight:
  • Introduction
  • US Housing Starts Decline
  • Rising Housing Inventory and Mortgage Rates
  • Permits for Future Construction Fall
  • Conclusion
SUMMARY
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