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US Housing Starts Rise in March, Building Permits Decline
US housing starts saw an increase in March, reaching their highest level since 2024, according to new data. Conversely, building permits unexpectedly fell during the same month.
29 Apr, 12:36 — 29 Apr, 13:09
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seeking-alphaMixed3d ago
Housing starts rise in March; building permits fall
Read full article →zerohedgeLow3d ago
Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater
Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater With mortgage rates still relatively low, despite a recent jump in interest rates, and a top-down push for affordability, Housing Starts for March soared while the more forward-looking Building Permits disappointed, unexpectedly plunged. Housing starts soared 10.8% MoM in March (far more than the -0.4% expected drop) while Permits plunged 10.8% MoM (and worse than the -0.4% decline expected)... This pus...
By Tyler Durden
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First report: seeking-alpha · 29 Apr, 12:36|Full coverage: 3 · 33m|Window: 33m
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