Petersburg Post Home

The Petersburg Post



US   MARKETS  
Multifamily development lifts August housing starts
- WASHINGTON — Strong multifamily production helped push overall housing starts up in August as single-family starts edged lower due to ongoing supply chain issues and labor challenges. Total starts increased 3.9% to a seasonally adjusted annual rate of 1.62 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The August reading of 1.62 million ...

Source: lbmjournal.com