Keeping you up to date on the latest data releases.
- Housing Starts
The groundbreaking of new single-family homes rose 6.0 percent in March and 1.9 percent over the past 12 months to a seasonally-adjusted annualized rate of 635,000 units started. On a regional basis, the Northeast showed the strongest monthly and annual improvements, up 38.5 percent and 20.0, respectively. Meanwhile, the South showed the most sluggish growth, down 1.7 percent over the month and no growth on an annual basis. The authorization of single-family housing permits rose 0.5 percent for the month, but declined 1.2 percent since last March to a seasonally-adjusted annualized rate of 592,000 permits issued.