US housing starts for March 1.321M vs 1.487M estimate ...Middle East

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US housing starts for March 1.321M vs 1.487M estimate
Housing starts for March lower than expectationsPrior month housing starts 1.521M revised up to 1.549MHousing starts.1.321M vs 1.487M estimateHousing starts MoM -14.7% vs +10.7% last monthSingle‐family housing starts in March were at a rate of 1,022,000; this is 12.4 percent (±12.5 percent)* below the revised February figure of 1,167,000. The March rate for multifamily housing start units in buildings with five units or more was 290,000.Building permits for March lower than expectationsPrior month building permits 1.518M revised up to 1.523M.Building permits 1.458M vs 1.515M estimate.Building permits MoM -4.3% vs +1.9% last month.Single-family housing building permits in March were at a rate

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