Housing starts fell year-over-year in November and December, suggesting that buyers are reacting to a weak U.S. market.

Housing starts rose 6.2% M/M to a 1.404M seasonally annual rate in December, compared with the prior month's revised 1.322M, according to data released by the U.S. Census Bureau on Wednesday.

Once a cornerstone of the American dream, the promise of a home now feels increasingly out of reach for many families. Decades of underbuilding have left the nation short of current demand by more ...