Single family housing permits, the most leading of indicators, increased 3.7% from March to 666K single family units (SAAR), and rose 7.1% above the level seen a year earlier but still remained well below levels seen at the peak in September 2005.
Wednesday, May 20, 2015
New Residential Construction Report: April 2015
Yesterday’s New Residential Construction Report showed notably improving results with total permit activity increasing 10.1% since March while total starts increased a whopping 20.2% over the same period.
Single family housing permits, the most leading of indicators, increased 3.7% from March to 666K single family units (SAAR), and rose 7.1% above the level seen a year earlier but still remained well below levels seen at the peak in September 2005.
Single family housing permits, the most leading of indicators, increased 3.7% from March to 666K single family units (SAAR), and rose 7.1% above the level seen a year earlier but still remained well below levels seen at the peak in September 2005.
