The number of housing units that came online in September showed a big year-over-year jump, but data on earlier stages of construction suggest not much is coming through the pipeline. That’s according to monthly data on new residential construction from the U.S. Census Bureau, which shows year-over-year declines in building permits (-5.7%) and housing starts…
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CNBC’s Diana Olick joins ‘The Exchange’ to report on new housing numbers for September.
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Real estate professionals will be looking to the recent decision in the Moratis commission lawsuit as they seek clarity on the outcomes of related cases. (Image generated by AI in Midjourney) In the nearly 12 months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions,…