Number Of U.S. Housing Starts Fell 22.5% In February; Number Of Building Permits Issued Fell 8.2%

(For February 2011)

U.S. housing starts in February fellĀ 22.5% to 479.000 vs. revised (24.000 higher) 520.000 January reading. The consensus was at 566.000. On year level U.S. housing starts are down 20.8%.

Number of building permits issued in the U.S. in February fell 8.2% to 517.000. The consensus was at 570.000. On year level number of building permits issued in the U.S. is down -20.5%.


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