Posts Tagged: home construction

US: Home Construction Stalled in April

We just got our latest look at home construction, and it wasn’t good. Housing starts plunged 10.6 percent to a seasonally adjusted annual rate of 523,000 in April from an upwardly revised 585,000 in March. That missed expectations for starts of 569,000. Building permits fell 4 percent to a 551,000 SAAR from a downwardly revised… Read more »