Housing starts fell sharply in Q2, reversing more than half of Q1’s gains. Production constraints related to labour and material shortages are still holding back activity. Over time, housing starts will trend upwards as these constraints ease, but it will be some time before they return to pre-crisis levels.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services