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After Strong Gains, Housing Starts Dip 8.2% in December

Sunday, Jan 21 2018
News Roundup
Written by  TPB News

After strong gains in October and November, groundbreakings on new homes dipped 8.2% in December. So reports USA Today.

The decline moved the seasonally adjusted rate to 1.19 million units, with most of the decrease coming from a drop in new single-family home construction. Housing starts in 2017 were up 2.4%. The housing market is being fueled by relatively low unemployment rates and “attractive” mortgage rates.

Read the full article from USA Today.

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