Housing Starts Up 2.2% in April

The U.S. government is reporting that privately‐owned housing starts in April were at a seasonally adjusted annual rate of 1,401,000, which is 2.2% higher than March’s revised number and is 22.3% lower than one year ago.  April’s rate for units in buildings with five units or more was 542k.  Privately‐owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,416,000, which is 1.5% below March’s revised number.  Authorizations of units in buildings with five units or more were at a rate of 502k in April.

Click here to read the full report at the U.S. Census Bureau.

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