SUMMARY: Building permits and housing starts were down for the month but they didn't fall as much as expected, the Fed's attempt to lower demand could also end up lowering supply, and Rob Warnock at Apartment List writes about household formation during the last two years that caused an explosion in demand for housing...

Sources:

• New Construction Falls But Not as Much As Expected
• More Than Two Million Households Disappeared & Then Reappeared During The Pandemic
• Housing Supply Woes (Axios)

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