✉news HealthPandemics first seen 5 d ago, last 4 d ago, peak #37
US housing starts slump to near pandemic-era lows
Original: Housing starts fall to one of their weakest paces since the pandemic
New home construction in the United States has fallen to one of its weakest paces since the pandemic, according to a report carried by the Los Angeles Times. The drop signals that high borrowing costs and weak demand continue to weigh on homebuilders, adding to concerns about the country's chronic housing shortage.
Why now: Fresh housing data points to continued weakness in residential construction, raising concern about the housing market and the broader economy.
United StatesLos Angeles Times
Evidence
- Housing starts fall to one of their weakest paces since the pandemic · Los Angeles Times
API: https://socialmediatrends-api.osmike.com/v1/trends/3010812