Ep. 201 | Housing Starts Fall Nearly 10% in July

SUMMARY: Housing starts surprised economists by falling 9.6% in July while building permits were better than expected & housing completions were actually up for the month and new data from Redfin shows that over 16% of housing purchase agreements saw the buyer pull out in July.

Sources:

• Housing Starts Fall Nearly 10% in July
• More Potential Buyers Backing Out of Deals