Yahoo Finance

November housing starts hit its lowest rate since July, driven by a sharp decline in multifamily construction. Overall housing starts decreased 1.8% month over month, with multifamily unit construction plunging 23% during the period.

Yahoo Finance Housing Reporter Dani Romero analyzes the report's implications and examines the current landscape for homebuilders.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Angel Smith