Comment on US home building fell 4% in July, slowing housing market

US home building fell 4% in July, slowing housing market

By Bani SapraAP Business WriterWASHINGTON — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land. The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1.19 million units.Read more on NewsOK.com

 

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