Housing Starts Fall As Builders Proceed with Caution
August 2025 New Residential Construction What happened New residential construction activity slowed in August, with starts and permits falling on both a month-over-month and year-over-year basis, while completions picked up compared to July, but remained well below year-ago levels. Homebuilders have exercised caution this year, facing low buyer demand, tariff uncertainty, and labor disruptions. PermitsRead …
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