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2026-09-17 20:38:15
[US Housing Starts Fall to 1.275 Million in August, Below Expectations] ⑴ US housing starts in August totaled 1.275 million, below the expected 1.309 million and the previous month's 1.239 million, representing a 12.4% decrease. ⑵ Building permits totaled 1.394 million, below the expected 1.41 million and the previous month's 1.433 million. ⑶ US housing starts declined by 2.6%, and building permits declined by 2.7%, indicating continued difficulties in the US housing market. ⑷ The US 30-year mortgage rate is currently around 7%, showing no signs of easing; however, given the Federal Reserve's indication of taking inflation seriously, the situation may improve if the Middle East conflict ends.
