Freddie Mac tool to warn users about possible appraisal bias.

Housing starts decreased by 5.5% in May from the month prior to a seasonally adjusted annual rate of 1.28 million, the Commerce Department reported today. The rate was 10% below the May 2023 level. New building permits-an indicator of future demand-dropped 3.8% in May from the month prior and were 9.5% lower than last year.

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