Chattanooga Times Free Press

Eye on housing

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Economists expect that builders broke ground on new houses and apartments at a faster pace in September.

They predict the Commerce Department will report Tuesday that newly started residentia­l constructi­on projects accelerate­d to a seasonally adjusted annual pace of 1.47 million last month. That would mark an increase from August, when housing starts slowed after three months of strong gains. Builders have been ramping up constructi­on following a pandemic- induced shutdown in March and April.

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