Thursday, December 8, 2022 | The Latest Buzz for the Appraisal Industry

U.S. Housing Starts Dip in November

By Tory Barringer

According to a report released Tuesday from the Commerce Department, homebuilders began construction on new houses in November at a seasonally adjusted annual rate of 1.03 million, down 1.6 percent month-over-month and 7 percent year-over-year. Despite the retreat in housing starts, there were a few pieces of good news in Tuesday’s report.

The post U.S. Housing Starts Dip in November appeared first on theMReport.com.

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