International Economic

US housing starts surge in August

By Iain Gilbert

Date: Wednesday 18 Sep 2024

(Sharecast News) - US housing starts surged 9.6% month-on-month in August to an annualised rate of 1.35m, according to the Census Bureau, beating market expectations for a reading of 1.31m.
Housing starts rebounded from an almost 7% decline in the previous month to register the sharpest monthly increase seen in nine...

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