Housing Starts Jump, Single-Family Construction Surges in the Northeast

Housing starts experienced an eye-catching increase in August, per the latest findings from the U.S. Census Bureau, 9.6% higher overall compared to last month, with single-family constructions up a sharp 15.8%.  Privately-owned housing starts were at an annualized rate of 1.36 million during the month, while units authorized by building permits were at 1.48 million. …

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