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CNN Business: American Home Building Slumped Again in November

December 20, 2022

Home building pulled back in November, as buyers faced spiking mortgage rates topping 7% that make homes increasingly unaffordable. Rates fell slightly through the month, but are still double what they were a year ago, continuing to put pressure on new home purchases.

https://www.cnn.com/2022/12/20/homes/new-home-construction-november/index.html

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