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Add the slowdown of new home construction to the list of issues facing the housing market
Aug 17, 2022

Add the slowdown of new home construction to the list of issues facing the housing market

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First, retail data for July has emerged from the Commerce Department. The downturn in new home construction offers a peek into the state of the housing market. The BBC reports on food prices and the pressure they bring to Peru and Nigeria.

Segments From this episode

New home construction is down. Here's what that says about the housing market.

Aug 16, 2022
This could be another indicator that things are cooling down, but home prices are still at record highs.
Fewer people are willing to commit to buying a new home that’s still under construction, says Lawrence Yun at the National Association of Realtors.
Stefani Reynolds/AFP via Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Jesson Duller Media Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer/Director
Jarrett Dang Production Assistant