In brief: U.S. housing starts were estimated at a seasonally adjusted annual rate of 1.221 million in September, down 5.2% from August. Single-family permits fell 4.0% to an 845,000 annual pace, a more direct warning for builders planning their next projects. The...
The U.S. housing market has spent years arguing that it needs more homes. Builders are now sending a different signal: in many of the markets that produced the most new supply during the pandemic-era boom, they are pulling back. A new Zillow analysis released Sept. 14...