Matthew Nestler, PhD’s Post

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Senior Economist at KPMG

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/4cwLAzN

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