Housing starts fell 14.8% to a five-month low in January, Census Bureau data shows. Economist David Rosenberg said it's hard to blame winter weather, as declines were seen across the US. Housing starts collapsed 14.8% month-over-month in January to a five-month low, according to Census Bureau data released Friday.
(Bloomberg) New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability.Most Read from BloombergF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingHow Auto Executives Misread the UAW Ahead of Historic StrikeResidential starts decreased 11.3% last month to a 1.28 million annualiz
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