What was the percentage drop in housing starts in June?
New US Home Construction Retreated in June

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
8%
22%
9.3%
3.7%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are fewer existing homes being sold according to the transcript?
High mortgage rates
Lack of demand
Increased construction costs
Low mortgage rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a limiting factor for the construction industry as mentioned in the transcript?
Number of construction workers
Low mortgage rates
High demand for new homes
Availability of land
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are home builders trying to attract buyers according to the transcript?
Offering discounts on land
Reducing mortgage rates
Lowering construction material costs
Providing free appliances
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sector saw gains due to the housing market activity?
Automobile industry
Retail sales of appliances and furniture
Agriculture
Technology sector
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