New Home Construction (March 2024)
Builders pulled back on new construction last month, with Housing Starts falling nearly 15% from February. Starts for single-family homes, which are the most crucial due to high demand, were also down 12.4%. There was a similar trend in future construction, with Building Permits also ticking lower despite much needed supply. #homebuyers #homebuilder #newconstruction #realestate #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow