Reported 3 days ago
U.S. single-family homebuilding saw a notable recovery in November as the impact of recent hurricanes diminished, with housing starts increasing 6.4% to an annual rate of 1.011 million units. However, future construction may be hampered by looming tariffs on imports and potential labor shortages due to immigration policies. Permits for single-family homes saw a slight rise, but overall housing starts dropped 1.8% from last year, reflecting ongoing challenges in the market.
Source: YAHOO