Keeping you up to date on the latest data releases.
- Housing Starts
In February, the groundbreaking of new single-family residential homes was up 0.3 percent but down 10.6 percent over the past 12 months to a seasonally-adjusted annualized rate of 583,000 units started. Regionally, housing starts ranged from a 32.7 percent decline in the Northeast to a 40.7 percent increase in the Midwest. On an annual basis, housing starts ranged from a 46.8 percent decline in the Northeast to 3.4 percent decline in the South. The authorization of new single-family home building permits fell 1.8 percent on a monthly basis and 2.0 percent to a total of 588,000 permits issued on a seasonally-adjusted annualized basis.