Housing Starts Down Nearly 10% in April

Oh what a difference a month can make. The U.S. government is reporting that privately‐owned housing starts in April were at a seasonally adjusted annual rate of 1,569,000, which is 9.5% lower than March’s revised number. However, this figure is 67.3% higher than one year ago. April’s rate for units in buildings with five units or more was 470k. Continue reading HERE...