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US Housing Starts Unexpectedly Decline on Multifamily Projects

Key Points

New US residential construction declined unexpectedly in August to one of the weakest paces since the pandemic, reflecting a plunge in starts of multifamily units.

New US residential construction declined unexpectedly in August to one of the weakest paces since the pandemic, reflecting a plunge in starts of multifamily units.
US (LOCATION) Multifamily Projects New US (ORG)
Originally published by Bloomberg Markets Read original →