Housing Starts Drop 9.6 Percent, Now Below Pre-Pandemic Level, Led By Single Family

by Mish Shedlock, Mish Talk: Economists are like a broken record, continually overestimating demand for housing. Starts badly missed economists’ expectations as did builder sentiment yesterday. New Residential Construction The Census Department New Residential Construction Report shows accelerating weakness in housing starts led by single-family units. TRUTH LIVES on at https://sgtreport.tv/ Housing Starts  Privately‐owned housing starts in July […]

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