Single-family starts continue growth path in August
Floor Covering News
SEPTEMBER 18, 2020
Washington, D.C.—Single-family starts showed continued growth in August but overall housing production fell 5.1% to a seasonally adjusted annual rate of 1.42 million units due to a double-digit percentage decline in multi-family production, according to data from the U.S. Housing and Urban Development and Commerce Departments. The pace of single-family starts in August was the highest production rate since February.
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