Housing Starts Fall in November

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Housing starts posted a notable drop in November after a strong October pace. Total starts were down 18.7%, falling to a 1.09 million seasonally adjusted annual rate after a 1.34 million rate in October. However, the decline was concentrated in the volatile multifamily sector. The single-family sector continues to show anon improving trend, consistent with rising home builder confidence. According… Read More ›

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