Experts: Housing starts signal trouble ahead
Department of Housing and Urban Development | November 20, 2018
In October, growth in housing starts was propelled by development in the multifamily sector, but some experts are warning that there could be trouble ahead for the housing market. According to the U.S. Census Bureau and the Department of Housing and Urban Development’s report, housing starts increased 1.5% in October, coming in at a seasonally adjusted annual rate of 1.228 million.