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US home building declined 6.5 percent in May

By Josh Boak
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US home building declined 6.5 percent in May

WASHINGTON (AP) — The pace of U.S home construction slipped in May with many Americans still struggling to afford new houses.

Builders started work at a seasonally adjusted annual rate on 1.01 million homes last month, the Commerce Department said Tuesday. That was down 6.5 percent from 1.07 million in April.

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