New US Home Construction Tumbles in March
New home construction in the US slowed last month as residential starts decreased 14.7% to a 1.32 million annualized rate, the lowest since August. Building permits, which point to future construction, fell to a 1.46 million rate in March. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
New home construction in the US slowed last month as residential starts decreased 14.7% to a 1.32 million annualized rate, the lowest since August. Building permits, which point to future construction, fell to a 1.46 million rate in March. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
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