U.S. Housing Starts Rose 3.8% In April

U.S. housing starts were reported at 672.000 vs. 626.00 March reading. The consensus was at 650.000. Building permits in the same period fell 11.5% to 606.000.

Chart 1. U.S. Housing Starts

Source: U.S. Census Bureau

Chart 2. U.S. Building Permits

Source: U.S. Census Bureau

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