EconomyUS single-family housing starts plunge, permits hit 3-1/2-year low
US single-family homebuilding dropped sharply in September, while permits for future construction fell to a 3-1/2-year low. Higher mortgage rates dampened demand, suggesting residential investment returned to a downward trend in the third quarter.
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Reuters★★★☆☆2026-10-20 14:45Original
US single-family housing starts plunge, permits hit 3-1/2-year low
Economy