Homebuilding could slump further in September in the aftermath of Harvey and Hurricane Irma, which struck Florida. According to Census Bureau data, the areas in Texas and Florida that were devastated by the storms accounted for about 13 percent of permits issued in the nation last year. — Reuters
Hurricanes Harvey and Irma have held down home completions in Texas and Florida, but the hurricane's aftermaths are also likely to slow homebuilding in the coming months as resources are redirected toward repairs and rebuilding efforts rather than new construction. Labor shortages are also likely to worsen and building materials are expected to become more expensive
![[Jay Thomson/Flirck]](https://archinect.gumlet.io/uploads/p9/p9t1m3ks7u6j4e9o.jpg?auto=compress%2Cformat "[Jay Thomson/Flirck]")
No Comments
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.