U.S. Housing Starts Stabilize as Building Permits Edge Up
A cyclist passes a public housing building in the Red Hook neighborhood of the Brooklyn borough of New York, U.S. (Photographer: Jeenah Moon/Bloomberg)

U.S. Housing Starts Stabilize as Building Permits Edge Up

(Bloomberg) -- U.S. new-home construction fell in May after an April reading that was stronger than initially reported, signaling stabilization in the market amid lower borrowing costs.
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