New home starts fell 8.5% from July to August as builders continued to react to the negative economic outlook, according to data from the US Census Bureau
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and sales to rebound in 2024, Fannie Mae predicts
Numbers show increase in starts, much to the delight of builders — but housing recovery challenges remain
Permits to build new homes are at their highest levels since 2007 — so how’s that a bad thing?