×Although builders were busy in August, subsequent activity revealed evidence of the housing slump. According to data released on Tuesday by the Census Bureau, residential construction had a mixed August with home starts up 12.2% and permits falling 10%. While permits for future homes came in at a rate of 1.52 million per year, starts were at a rate of 1.575 million. According to Kelly Mangold of RCLCO Real Estate ....

Source: News 24 September 22, 2022 13:48 UTC