U.S. single-family starts tumble; construction backlog at record high - Reuters


4/19/2022 12:00:00 AM3 yearsago

U.S. single-family homebuilding and permits tumbled in March as soaring mortgage rates increased costs, but residential construction remains underpinned by a severe shortage of houses.

WASHINGTON, April 19 (Reuters) - U.S. single-family homebuilding and permits tumbled in March as soaring mortgage rates increased costs, but residential construction remains underpinned by a severe s… [+5460 chars]

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