The U.S. released the housing starts index for the month of April, where housing starts increased by 5.8% to an annual rate of 672,000 units, compared with the prior revised estimate of 635,000 units, and above median estimates of 650,000 units.

The Building permits index was also released for April, where building permits declined by 11.5% to an annual rate of 606,000 from the prior revised estimate of 685,000, and well below median estimates of 680,000.