Housing Starts in March increased by 7.2% to an annual pace of 549,000, higher than the expected level of 523,000, from the revised figure of 512,000 in February (originally reported at 479,000). Over the year the figure has decreased by 13.4% from the March 2010 rate of 634,000. Building Permits increased by 11.2% over the month to 594,000, higher than the expected level of 535,000, following 534,000 permits annualized in February (originally reported at 517,000). Over the year, Building Permits decreased by 13.3% from the 685,000 pace in March 2010.
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Existing Home Sales (04/20 at 10:00 AM EST)
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