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Builders Pull Back On New Construction

Houses under construction are seen in Mars, Pa., on May, 27, 2022. Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts. AP photo

LOS ANGELES — Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to…

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