U.S. Economy
US Housing Starts MoM (Jun) M/M 19.0% (Prev. -15.4%)
StockNow breaking-news AI analysis
June US housing starts rebounded 19.0% to 1.427 million, beating estimates. However, high mortgage rates (6.52%) and rising renovation costs force builders to offer aggressive incentives to maintain sales volume.
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.
