Housing Starts Rebound Sharply in June, But Only in Multifamily
In May, housing construction starts bottomed-out to a six year low, according to the U.S. Census Bureau, attributed to ongoing challenges such as construction costs and high mortgage rates triggered by rising inflation. The newest monthly update, however, shows a recovery—for at least one sector of the housing market. The latest monthly new residential construction…
The post Housing Starts Rebound Sharply in June, But Only in Multifamily appeared first on RISMedia.
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