According to new data released today by the U.S. federal government, housing starts were up 6.6% in April compared to March. However, April’s number is 1.7% less than one year ago. April’s starts stood at a seasonally adjusted rate of 1,172,000. Building permits for April were 3.6% higher than March coming in at 1,116,000. However this number is 5.3% lower than one year ago.
