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MarketsReportedMedium
5.8

US Housing Starts Drop 5.2% to 1.22M Annualized, Near Pandemic Lows

US housing construction fell 5.2% in September to a 1.22 million annualized pace, one of the weakest readings since the pandemic. The decline signals continued strain in the housing sector amid high mortgage rates, and may weigh on broader growth expectations.

La Repúblicaabout 3 hours agoUSCredibility 31%View source

Score Breakdown

Mosaic Score5.8
Model confidence0.9
Significance0.5
Source credibility0.3
Source

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