The pace of US homebuilding has slowed in September for the fifth time in the past six months, following the effect of hurricanes that hit the southern part of the U.S., but also due to shifts in homebuying preferences. Housing starts fell at a 4.7% month-over-month clip to a seasonally adjusted annual rate of 1.127 million, missing the Bloomberg consensus of 1.175 million. It was still slightly above the rate of 1.062 million in housing starts in September 2016, according to US...
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