Housing Market Faces Growing Risk Of Multi-Year Collapse As New Home Construction Craters

Updated Aug 16, 2022, 03:15pm EDT Topline New housing starts unexpectedly plunged more than economists projected in July—and to the lowest level in more than a year—as home builders grappled with dwindling demand for new homes, and though some experts remain optimistic that the market could be due for a quick recovery, others are only…