U.S. single-family starts tumble; construction backlog at record high - Reuters
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RNK5M3ALIVKS7JCJHIXOVS33RE.jpg)
4/19/2022 12:00:00 AM3 years 10 months ago
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]
full article...