Rising Mortgage Rates Affect August Housing Starts
RIS Media
SEPTEMBER 19, 2023
As mortgage rates currently sit above 7%, housing construction has taken a hit in response, according to a new report from the National Association of Home Builders (NAHB) using data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Housing starts dropped a steep 11.3% in August, as NAHB reported,… The post Rising Mortgage Rates Affect August Housing Starts appeared first on RISMedia.
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