US Home Prices Rise in March, Building Permits Increase Due to Housing Shortage
Posted: Tue Apr 19, 2022 9:35 pm
Home construction in the United States rose in March 2022, but starts for single-family housing fell amid rising mortgage rates across the country, with residential construction marked by a severe shortage of houses. Housing starts—an indicator of the number of private homes in a given period of time on which construction has begun—increased by 0.3 percent to a seasonally adjusted annual rate of 1.79 million units in March, according to the U.S. Commerce Department on April 19. Single-family housing starts, which account for the majority of new home construction, fell 1.7 percent to a seasonally adjusted annual rate of 1.2 million units in March. ...
Source: https://www.theepochtimes.com/u-s-home- ... 13823.html
Source: https://www.theepochtimes.com/u-s-home- ... 13823.html