Multifamily Construction Rebounds Amid Broader Housing Market Decline

In its latest economic report, titled Housing Starts and Permits Declined in October, Wells Fargo highlights a turbulent month for U.S. housing construction, with total housing starts declining by 3.1 percent. A combination of disruptive weather events, rising interest rates, and ongoing economic pressures contributed to the dip, marking the second consecutive monthly decline. Hurricanes Disrupt […]