Fed rate hikes are weighing on the housing market

  • 📰 staronline
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 75%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Construction jobs are set to become the next victim of high interest rates.

Record wait times for home construction have until now kept overall building activity elevated even as soaring borrowing costs over the last year have severely

limited new projects. That’s left many construction firms struggling to attract and retain labour while other sectors like technology and finance have cut jobs.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 4. in CO

Colombia Últimas Noticias, Colombia Titulares