U.S. Housing Data

By @ibtimes on

The U.S. released the housing starts index for the month of February, where housing starts declined by 22.5 percent to an annual rate of 479,000, compared with the prior revised drop of 618,000, and below median estimates of 566,000.

Building permits also declined by 8.2% to an annual rate of 517,000, compared with the prior revised estimate of 563,000 and below estimates of 570,000.

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