Loan Wolf
•60% Informative
New construction for homes dropped 11.3% in August to an annualized rate of 1.28million units.
This is the lowest rate since 2020 .
The market was expecting about 1.44million unit rate.
Single family residences dropped by 4.3% , multi family units dropped by 26.3% . This is coming off the news that homebuilder confidence dropped into negative territory.
VR Score
62
Informative language
62
Neutral language
13
Article tone
semi-formal
Language
English
Language complexity
32
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links