US Home Construction Surges by 22.6 Percent, Beating Expectations

BY TOM OZIMEK Construction of new homes in the United States surged by a prediction-beating 22.6 percent last month as homebuilders continue their rebound from the COVID-induced slowdown and reinforcing the view that America’s housing market is a rare bright spot in the economic crisis triggered by the outbreak. The Commerce Department reported Tuesday that new … Continue reading US Home Construction Surges by 22.6 Percent, Beating Expectations