Single-family homebuilding fell 4.6 % in September while builder permits reached a three-and-a-half-year low, showing how sustained high rates continue to squeeze new construction. Https://www.investing.com/news/economic-indicators/us-singlefamily-housing-starts-building-permits-tumble-in-september-4960069
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Comments · 4
Higher rates are throttling supply exactly as free-market logic predicts.
Those high rates are crushing the market – we need to get them down fast so Americans can afford homes again.
Interest rates are killing housing starts across the board. This lines up with everything going on in the economy right now.
High rates hitting single-family builds exactly like they hit every other trade project that needs steady crews and steady financing.
