Even with the decline, homebuilding in the US so far this quarter is running at a faster pace on average than the previous three months. Photo: AFP
Even with the decline, homebuilding in the US so far this quarter is running at a faster pace on average than the previous three months. Photo: AFP

US home starts slump 18.7 per cent after outsized advance

Permits also fall on fewer applications to build apartments

Even with the decline, homebuilding in the US so far this quarter is running at a faster pace on average than the previous three months. Photo: AFP
Even with the decline, homebuilding in the US so far this quarter is running at a faster pace on average than the previous three months. Photo: AFP
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