Market Update: June Housing Starts Dive

  • July 17, 2014

Today’s housing starts report showed a 9.3% fall in new home construction. Quicken Loans Vice President Bill Banfield offers the following comments on the report:

“The drop in June’s housing starts is disappointing but largely regionalized. With single-family home builder confidence up and permits up year-over-year, we will see if this translates into improvements in the coming months.”

If you would like to speak to Bill about this or any other topic, please contact us.

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