Topline New housing starts unexpectedly plunged more than economists projected in July—and to the lowest degree in far more than a year—as home builders grappled with dwindling demand for new properties, and even though some professionals stay optimistic that the industry could be thanks for a speedy recovery, many others are only ever more bearish. “The entire housing sector is now in retreat,” states just one professional, as Fitch Rankings warned that the … [+] probabilities of a extreme collapse have improved. © 2022 Bloomberg Finance LP Essential Information The number of housing begins, or ​​new houses on which development has begun, plunged 9.6{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to about 1.4 million final thirty…