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Housing Market

Housing permits near cycle lows even as housing starts beat estimates

admin
0 54

Starts beat estimates on multifamily volatility, but permits fell 3.0% monthly and 2.3% annually, signaling a weaker forward pipeline.

Housing Market

New home sales fall, but the trend is still sideways

admin
0 89

Monthly numbers can swing wildly, but new home sales have been stuck for many years in a range that doesn’t show any real growth.