2 days ago
US Housing Starts Rise to Five-Month High, Led by Multifamily
Housing starts in the US climbed in July to five-month high, led by a further pickup in the construction of multifamily projects.
New residential construction increased 5.2% last month to an annualized rate of 1.43 million homes, according to government figures released Tuesday. That was above all forecasts in a Bloomberg survey of economists.
