Housing Starts Slumped in November Despite Retreating Mortgage Rates
Pro Builder
DECEMBER 21, 2022
Though NAHB predicts that weaker housing conditions will persist in 2023, a market correction could lead to major price reductions and a subsequent boost in buyer demand. Much like new housing starts, building permits also suffered a tough blow in November, dropping 11.2% New-Construction Projects. Planning + Development. Affordability.
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