Housing starts fall 9% in September, but high permits, low mortgage rates suggest construction slowdown is temporary
October 17, 2019 at 08:32 AM EDT
Construction on new houses fell more than 9% in September, but a recent surge in permits suggests the decline in so-called housing starts is just a temporary pause in a market reinvigorated by lower mortgage rates. Housing starts slid to an annual rate of 1.26 million las month