Both single-family and multi-family new housing construction fell in August.
Homes sit unfinished in Spearfish, S.D. Kevin Burbach/AP Photo
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New residential construction starts across the nation dipped again in August, falling to their lowest level since May.
A Sept. 17 report from the Census Bureau and the Department of Housing and Urban Development indicates that building permits and housing starts experienced a significant drop over the past three months.
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
