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Housing market supply crunch is pushing aspiring homeowners into new homes, boosting starts by 2.2% in April

Por: MarketWatch Politics May 17, 2023

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The data roughly matched economists’ expectations on Wall Street. The numbers are seasonally adjusted. Both single and multi-family construction rose in April. The strength in new construction comes from strong demand from would-be home buyers who market.  Building permits, a key indicator of the pace of future construction, fell 1.5% to a 1.42 million rate.The decline was larger than expected. Key details: The construction pace of... + full article



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