The pace of construction slowed in June after jumping nearly 16% the previous month.
According to data released by the U.S. government, construction on new homes fell 8% in June, as American homebuilders sharply slowed down for new single-family homes.
U.S. housing affordability has also plunged to its lowest level since 2007 as prices continue to jump.
Lisa Song Sutton an entrepreneur and real estate investor joins Veronica Duo to discuss. #housing #realestate #housingmarket
