- Overall housing starts of 1.072M were 13.2% higher than March's revised level of 947K and 26.4% above the one year ago level. Single-family starts of 649K edged up from March's level of 644K. Multi-family starts of 413K accounted for 39% of all starts - the highest level in about 40 years.
- Overall building permits of 1.08M grew 8% from March and were 3.8% higher than a year ago. Single-family permits of 602K were essentially unchanged from March's 600K. Multi-family permits were 453K.
- Full report
- The 10-year Treasury yield briefly jumped a couple of basis points on the print, but is back to unchanged on the session at 2.50%.
- ETFs: XHB, ITB, PKB
- Previously: Housing Starts
Multi-family activity boosts housing starts rebound
From other sites
at CNBC.com (May 20, 2015)
Video at CNBC.com (May 13, 2015)
Video at CNBC.com (May 5, 2015)
Video at CNBC.com (Mar 17, 2015)
Video at CNBC.com (Mar 16, 2015)
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