Print this page

Estimated reading time: 0 minutes, 16 seconds

Homebuilding Falls in February, Led By Dip in Multifamily Units

A steep drop in construction of multifamily units drove a decline in U.S. homebuilding in February. So reports CNBC.

Housing starts fell 1.5% while starts for buildings with five or more units slid 17%, according to the Commerce Department.

Homebuilding could soften further as the coronavirus pandemic upends American life.

Read the full article from CNBC

Read 1218 times
Rate this item
(0 votes)