Thursday, 28 October 2021 | The Latest Buzz for the Appraisal Industry

Indecision in Construction Numbers; Fannie Forecasts Prices/Sales; Rates Much Lower But Under Pressure Today

Housing starts posted a second straight increase in June while permits continued what has become a long, slow, slide. The U.S. Census Bureau and the Department of Housing and Urban Development said builders began construction on new homes at a seasonally adjusted annual rate of 1.643 million during the month, a 6.3 percent increase over the 1.546 million rate of starts in May. Those were originally reported slightly higher, a 1.572 million rate. Starts are

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