‘Recession is underway’: Home builders expect single-family starts to fall further before recovering in the second half of this year

Econ & Housing

LAS VEGAS — Home builders are expecting a little more pain before business improves. While realtors believe that the housing market is on the mend, home builders are still cautious, with low demand and rising construction costs. Home builders are one of the key contributors to the housing supply. And they’re likely to be building fewer…

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