Keeping you up to date on the latest data releases.
- Housing Starts
Single-family housing starts fell 5.1 percent in April, following 7.0 percent increase in March. The pace of single-family housing starts is currently 394,000 annualized units, 30.4 percent below April 2010’s pace. The Northeast was the only region to see an improvement in single-family housing starts, increasing 12.8 percent in April. Single-family housing starts declined in the Midwest, South, and West by 7.1 percent, 7.6 percent, and 4.9 percent, respectively. Additionally, single-family housing permits fell 1.8 percent in April, declining to 385,000 annualized units. On a year-over-year basis, single-family housing permits are down 18.6 percent.