Housing starts rises in April, building permits drop more than expected

1 month ago 4

• U.S. Economy

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Housing starts ticked 1.6% M/M to a 1.361M annual rate in April, compared to the 1.362M consensus and 1.334M in March (revised from 1.324M), according to data released by the U.S. Census Bureau on Thursday.

Still, privately-owned starts rose 1.6% to 1.361M

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