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U.S. housing starts rise by 9.8% in February, led by a surge in apartment construction – StockMarketNews.today

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March 16, 2023
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New dwelling development bounced again in February for the primary time in six months, led by condominium buildings, but it surely’s unclear if the bounce interprets right into a restoration for the housing market.

The numbers: Development on new U.S. properties rose 9.8% in February to 1.45 million, the federal government mentioned Thursday. The numbers are seasonally adjusted.

The…

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Recession looks less likely for U.S., these economists say, but a 'slog' still lies ahead

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