![New home construction fell sharply in January.](https://abc17news.b-cdn.net/abc17news.com/2024/02/cnn-L19jb21wb25lbnRzL2ltYWdlL2luc3RhbmNlcy9jbHNvczZ2MDcwMDBtM2I2aDZocjc5aXVp-L19jb21wb25lbnRzL2FydGljbGUvaW5zdGFuY2VzL2Nsc29xbnh5bjAwMHN6cHFkZjZvaDF3djM-375x225.jpg)
US homebuilding sees biggest drop since April 2020
By Anna Bahney, CNN Washington, DC (CNN) — US homebuilding dropped significantly in January, as winter storms and higher mortgage rates stymied progress on the housing shortage. Housing starts, a measure of new home construction, fell by 14.8%, compared with the previous month, according to data released Friday by the Census Bureau. It was the biggest
Continue Reading