By Alexander Bueso
Date: Tuesday 16 Apr 2024
(Sharecast News) - Builders broke ground on fewer new homes last month than anticipated.
According to the U.S. Department of Labor, in seasonally adjusted terms housing starts dropped at a month-on-month pace of 14.7% in March to reach an annual rate of 1.321m (consensus: 1.48m).
Starts for single family homes...
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