Housing starts fell 6.8% in March

Residential building permits, which can signal future home construction, rose 3.6%

By Laura Kusisto and Ben Leubsdorf | The Wall Street Journal

U.S. housing starts declined in March, but not enough to signal a reversal from the long-term trend of improvement in new home construction.

Starts decreased 6.8% to a seasonally adjusted annual rate of 1.215 million from a month earlier, the Commerce Department said Tuesday.

The decline comes after an unusually strong winter, buoyed by temperate weather in most parts of the country. Single-family housing starts in February hit their highest level since October 2007.


Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories