Comments on April Housing Starts

So much for the doom and gloom of February and March. Total housing starts in April were solid and well above expectations - and at the highest level since 2007. Single family starts were at the highest level since January 2008. This first graph shows the month to month comparison between 2014 (blue) and 2015 (red). Click on graph for larger image. Even with weak housing starts in February and March, total starts are still running 5.5% ahead of 2014 through April. Single family starts are running 7.6% ahead of 2014 through April. Starts for 5+ units are only up 1% for the first four months......(read more)

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