US Housing

US Housing Market Data Response

18 October, 2017

Housing Starts (Sep.)

Housing starts continued their disappointing run in September, contracting for the third month in a row to leave them at their lowest level for a year. Hurricanes Harvey and Irma look to have had some impact in the South, but all regions bar the West saw a drop in total starts. Meanwhile land, material and labour shortages are all delaying the expected shift towards the cheaper, starter homes that the market needs.

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