According to HousingWire, housing starts are inching back up across the country, and a big fall in the price of lumber in recent weeks has housing economists projecting an uptick in activity from homebuilders. Housing starts increased 3.6% in May to a rate of 1.57 million, according to the most recent study from the U.S. Census Bureau. That’s more than 50% above the May 2020 rate — when the COVID-19 pandemic was at its height in the country — of 1.05 million.
Continue reading Homebuilders prepare to restart delayed projects at Movement Mortgage Blog.
from Movement Mortgage Blog https://ift.tt/3qa8l5L
via Naza Finance Blog
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