Single-Family Starts Dwindle in June

Single-family housing starts dropped in June as a result of raised interest rates for mortgages and construction and development loans, despite overall housing starts jumping 3% to a seasonally adjusted rate of 1.35 million units, according to new data provided by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.…

The post Single-Family Starts Dwindle in June appeared first on RISMedia.

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