Single family housing permits, the most leading of indicators, rose 1.5% from March to 736K single family units (SAAR), rising 8.4% above the level seen a year earlier and still remained well below levels seen at the peak in September 2005.
Single family housing starts rose 3.3% from March to 778K units (SAAR) rising 4.3% above the level seen a year earlier but still remained well below the levels seen at the peak in September 2005.
