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US single-family housing starts drop to eight-month low in May
R
Reuters
June 16, 2026
Mortgage RatesSource: GNews
U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the housing market could remain a drag on economic growt
WASHINGTON, June 16 (Reuters) - U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the housing market could remain a drag on economic growth in the second qu... [1958 chars]
Source Reference
Originally published by Reuters
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