US housing starts rise more than expected, with permits at a 12-1/2-year high

US housing starts rise more than expected, with permits at a 12-1/2-year high

The scope for strong gains in the sector, which accounts for about 3.1% of the economy, is limited as builders complained they are “still underbuilding due to supply-side constraints like labor and land availability.”

#newconstruction #homebuilders

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.