U.S. New-Home Sales Fell by 7.6% in August
The sales of newly built homes pulled back in August after surging the prior month, which is a possible sign of weakening momentum across the U.S. housing sector.
Housing Starts
Market News Briefing – Sept. 20th 2016 13:30 (GMT+1)
Housing Starts in U.S. Declined in August
A Commerce Department report showed that the new U.S. home construction fell more than projected in August.
Residential starts declined by 5.8%to a 1.14 million annualized rate.
Earlier forecasts expected a decline of 1.19 million.
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