Published on Tuesday, April 19, 2016 | Updated on Wednesday, April 20, 2016
U.S. | Housing starts and permits tumble in March
Summary
Housing starts declined 8.8% MoM in March to 1,089M, but still stand 14.2% higher YoY. Building permits declined 7.7% MoM due to a fall in the multifamily segment. Housing starts are expected to increase going forward and average around 1,180M in 2016
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Filip Blazheski