Finance and Economy

Housing starts fall amid market woes

By Zach Halaschak

Published May 17, 2023 8:33am ET

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Housing starts fall amid market woes — This Friday, March 21, 2014 photo shows roofers installing a roof on a new construction home in Pepper Pike, Ohio. The Commerce Department reports on U.S. home construction in March later Wednesday April 16, 2014. (AP Photo/Tony Dejak) | Tony Dejak

The number of housing starts tumbled in April, an indication the housing market is still taking a hit from the Federal Reserve’s interest rate hikes.

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Construction Finance Financial Markets Housing Infrastructure Interest Rates News Real Estate