Permit Declines in 2023 Point to Possible 2024 Slowdown

The home construction market—despite seeing some growth from the lack of existing inventory—has been struggling overall and in the building permit segment. The data is pointing toward a possible slowdown coming this year, especially as there are still supply chain issues at play. To be specific, the number of homes under construction fell by 9%,…

The post Permit Declines in 2023 Point to Possible 2024 Slowdown appeared first on RISMedia.

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