30
Oct
18:47
US residential construction returns to 2019 levels
US residential construction has returned to 2019 levels, according to an analysis of government data by the National Association of Home Builders (NAHB) and research firm IHS Markit, Kallanish reports.
According to the US Department of Housing and Urban Development and the US Census Bureau, single-family housing starts increased by 8.5% in September to a seasonally adjusted annual rate of 1.11 million units. This is the highest pace since June 2007, before the U…
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