U.S. Housing Starts Increase in April

U.S. housing starts in April were at a seasonally adjusted annual rate of 1.401 million, growing 2.2% from March but 22.3% lower than the comparable month last year. Single-family starts rose 1.6% from March to 846,000.

U.S. building permits in April were at a seasonally adjusted annual rate of 1.416 million, decreasing 1.5% from March and falling 21.1% from April 2022. Single-family authorizations were up 3.1% from March to 855,000 in April. See U.S. Census Bureau

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