Number Of U.S. Housing Starts Rose 7.2% In March; Number Of Building Permits Issued Rose 11.2%
(For March 2011)
U.S. housing starts in March rose 7.2% to 549.000 vs. revised (33.000 higher) 512.000 February reading. The consensus was at 520.000. On year level U.S. housing starts are down 13.4%.
Number of building permits issued in the U.S. in February rose 11.2% to 594.000. The consensus was at 540.000. On year level number of building permits issued in the U.S. is down -13.3%.