New home construction increased in October for second straight month ...Middle East

News channel - News
New home construction increased in October for second straight month
By Anna Bahney, CNN Washington, DC (CNN) — The annual pace of new home construction increased again last month amid a historic shortage of housing inventory and crushing mortgage rates. Housing starts, a measure of new home construction, jumped by 1.9% in October, compared to the previous month. Starts rose to a seasonally adjusted annual rate of 1.372 million last month, rising above expectations of 1.35 million, according to data released Wednesday by the Census Bureau. This story is developing and will be updated. The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. The post New home construction increased in October for secon

Hence then, the article about new home construction increased in october for second straight month was published today ( ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( New home construction increased in October for second straight month )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News