Tue Dec 19

Homebuilding has surged in the U.S. to more than a 1-1/2-year high for single-family homes according to a report from the Commerce Department. Permits for single-family homes have also increased 0.7% in November, the highest level since May 2022. These numbers could continue to increase due to declining mortgage rates and incentives from builders to drive potential buyers back into the housing market. Read more from reuters.com >

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