Stay updated with breaking news from Robert Rulla. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Monetary policy officials have finally gone a month without tightening but made it clear more action could lie ahead, suggesting it could be awhile before housing finance costs consistently fall.
In a trend that is likely to continue into 2023, home builders have slowed construction of new single-family homes this year
One forecasts has single-family housing starts dropping about 11% this year and double that in 2023, before climbing 5% in 2024.
Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/VGHKPCUQJDRKXUMS6BCCJOVMSU.jpg)
Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts