WRAPUP 2-U.S. homebuilding retreats, manufacturing still struggling
U.S. homebuilding tumbled
from more than a 12-year high in September, but single-family
home construction rose for a fourth straight month, suggesting
the housing market remains supported by lower mortgage rates
even as the economy is slowing.
from more than a 12-year high in September, but single-family
home construction rose for a fourth straight month, suggesting
the housing market remains supported by lower mortgage rates
even as the economy is slowing.
Posted by Reuters
