Tag Archives: starts

U.S. housing starts miss expectations; permits rebound strongly

U.S. housing starts miss expectations; permits rebound strongly

WASHINGTON (Reuters) - U.S. homebuilding increased less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from the COVID-19 crisis along with the broader economy. FILE PHOTO: A new apartment building housing construction site is seen in Los Angeles, California, U.S. July…

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