Housing market goes from bad to worse

2 months ago
Housing market goes from bad to worse

Published Thursday 16 June 2022

The U.S. housing market continues to get pummeled by rising interest rates and soaring inflation, and data released this week shows things have gone from bad to worse. Housing starts tumbled 14.4% to a 13-month low in May to a seasonally adjusted annual rate of 1.549 million units, and permits for...

Business Economy Freddie Mac Housing Housing Starts Mortgage Nahb Real Estate The Census Bureau

Details About the Article "Housing market goes from bad to worse"

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