Published 3 years ago

US Homebuilding Slows In September On Drop In Apartment Construction

Summary by IBTimes

Construction of new homes slowed in September on a sharp drop in building of apartments, according to US government data released Tuesday. Housing projects started last month fell 1.6 percent compared to August to an annual rate of 1.55 million units, seasonally adjusted, the Commerce Department reported. But while single-family homes were unchanged last month, highly volatile starts for multi-family units plunged 5.

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abc News

US home construction declines 1.6% in September

U.S. home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks

3 years ago·United States

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KIFI

US home construction declines 1.6% in September - Local News 8

By MATT OTT AP Business WriterSILVER SPRING, Md. (AP) — U.S. home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks. The Commerce Department reported Tuesday that the decline in September left home construction at a seasonally adjusted annual rate of 1.56 million units, 7.4% above the rate one year ago. August’s home construction starts number was revised upward to 1.72 million from 1.62 millio…

3 years ago·Idaho Falls, United States

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IBTimes

US Homebuilding Slows In September On Drop In Apartment Construction

3 years ago·United States

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Al Jazeera

US home construction falls 1.6% amid supply chain bottleneck

Low interest rates have lured buyers into the market but rising costs for materials have pushed prices up.

3 years ago·Qatar

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WKMG

US home construction declines 1.6% in September

U.S. home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks. The Commerce Department reported Tuesday that the decline in September left home construction at a seasonally adjusted annual rate of 1.56 million units, 7.4% above the rate one year ago. August's number was revised upward to 1.72 million from 1.62 million. Applications for building permits, a barometer of future activity, declined 7.…

3 years ago·Orlando, United States

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