U.S. Housing Starts Surge as Builders Rev Up Single-Family Home Construction in May, While a Housing Shortage Drags On
Getty ImagesThe numbers: Construction on new American homes jumped 21.7% in May, as homebuilders ramp up building single-family homes to meet strong demand from buyers.Housing starts rose to a 1.63 million annual pace last month from 1.34 million in April, the government said Tuesday. That’s how man
May’s Single-Family Starts Post Solid Gain
Overall housing starts rose 21.7% in May, and single-family home starts increased 18.5%. A big reason? Buyers can’t find enough existing homes to consider.
Florida Realtors Awards $235K in Scholarships
Across Fla., 214 young people are getting help with their college costs from the Florida Realtors Education Foundation as they prepare for the 2023-24 school year.
Categories
Recent Posts
