Keeping you up to date on the latest data releases.
- Housing Starts
Single-family housing permits and starts rebounded in March after taking a significant dip in February. The pace of starts was up 7.7 percent to a seasonally adjusted rate of 422,000, over the upwardly revised February figure of 392,000. Housing permits were at a seasonally adjusted rate of 405,000, which is a 5.7 percent increase from the revised February figure of 383,000. Although we are still well below historic levels, new single-family housing construction growth remains consistent with the pace of the past several months as the economy continues to gradually improve.