Housing Starts Plunged 11.7% in October

U.S. housing starts unexpectedly plunged 11.7% in October to a 519,000-unit annual rate, weighed down by a 47.5% decline in apartment and condo construction. But building permits, a leading indicator of future housing construc…

U.S. Homeownership Stuck at Lowest Level Since 1999

Despite government efforts to keep people in their homes and record-low interest rates, the homeownership rate remains stuck at 1999 levels, according to the latest figures from the Census Bureau.
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