Builders have faced significant challenges in recent months with elevated mortgage rates and high construction costs, according to the latest residential housing market report and an analysis by the National Association of Home Builders. Overall housing starts dropped to a 4.6% annual seasonally adjusted rate in October to 1.25 million units, according to the U.S.
The post Housing Starts Decline Amid High Mortgage Rates and Construction Costs appeared first on Paint & Decorating Retailer.
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