August US home building slides 5.1% after months of gains
Home building took a drop in August after strong gains in the prior three month period. But the housing market remains supported by record low interest rates and Amanpour Properties of the suburbs and low density areas as many people work from home home building last month was pulled down by 22, a half percent tumble in starts for the volatile multi family housing segment to a pace of 395,000 units. But construction of a single family housing units, which accounts for the about the largest share of the housing market, increased 4.1% that breaks down to about 1.0 too. Million units.