US housing construction falls to a level of 5 years to the size of tariffs

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In the United States, the residential building fell a little lower in May, because the materials imported by home founders, stubborn tariffs with excessive reserves of high mortgage rates and unsold units.

According to reports listed in May, the annual adjustable annual rate of 1,26 mans per month, decreased by 9.8 percent in May. In 2020, Covid-19 was the lowest reading of Pandemic construction projects in 2020 construction projects and about 1.36 mln.

Permissions for the new construction fell more than 1.38 million units of 1.38 mn, which has been the lowest since June 2020, than expected.

Soft information came a few hours before the US Central Bank’s decision on Wednesday afternoon, and President Donald Trump, Federal Reserve Chairs Jay Powell gained more criticism to prevent interest.

Economists said that the construction of the construction was drawn Trump’s Trade WarExpenses on solvent construction materials are expected to be raised. The US president has repeatedly threatened to sweep tariffs to trade partners, often before retreating.

“Homebuilders, the continued tariff unnecessary and as a result of the difficulties they encounter in their new projects, put a break to new buildings in the light of difficulties.”

After a study after a study after a study, after a study after a study of the House Builders and Wells Fargo National Association, which were released on Tuesday, he has reached the lowest level since 2022.

The builders said they were increasingly pressure to reduce prices and spend more in a static market in a static market, and the static market spent more than the incentive packages.

“Margins are squeezed.” “If the builders want to compete, they must now provide many concessions.”

Wolf added that economic uncertainty among consumers was also weighed in the construction market. “Homebuilders should know they can sell a house to build a house (but) to build a house.”

These symptoms of weakness in the housing market come as they are preparing to announce their final decision on interest rates. The Central Bank is expected to keep debt costs continuously, but investors will be closely monitored for any changes in politicians and any student signals from Powell during a press conference.

“Mortgage rates in the existing levels cause the housing sector to fall into a contract and prices.” And the US head economist in Citi. “It is a clear indication that interest rates need to remain restrictive and reduced.”

The speed of a 30-year mortgage was 7.84 percent from 6.93 percent to 6.93 percent to 6.93 percent on June 13, 6.93 percent, 7.84 percent lowered 7.84 percent. Prices hit 2023 above about 8 percent to 23 years, and not less than 6 percent since September 2022.