Business & Finance
Bad news, home buyers: New construction sinks to a 6-year low. Here’s what it means for you.
Key Points
Construction of new homes in the U.S. plunged in May to the lowest level since the height of the 2020 pandemic, possibly making a tough market for home buyers even tougher.
Construction of new homes in the U.S. plunged in May to the lowest level since the height of the 2020 pandemic, possibly making a tough market for home buyers even tougher.
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