US Housing Starts Ease on Decline in Multifamily Construction.

In September, US housing starts slightly decreased due to a decline in multifamily construction, despite an increase in single-family home building. The number of building permits also fell, indicating a potential slowdown in future construction. Factors such as rising mortgage rates and a surplus of new homes have impacted the housing market, with experts predicting a gradual recovery as interest rates decrease. [Extracted from the article]

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