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US building permits sink to five-year low, housing starts drop

By Benjamin Chiou

Date: Wednesday 17 Sep 2025

(Sharecast News) - Two leading economic indicators for the US housing market came in well under forecasts for August, pointing to a slump in activity for new residential construction.
Building permits - a closely watched gauge of future construction activity - dropped 3.7% from 1.362m to 1.312m, surprising economists who expected...

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