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U.S. Housing Starts Rise in March

Published 04/17/2018, 08:30 AM
© Reuters.  U.S. housing starts come in at 1.319 million vs. 1.270 million forecast

Investing.com - U.S. homebuilding rose in March, according to data released on Tuesday.

Housing starts increased 1.9% to a seasonally adjusted annual rate of 1.319 million units last month, the Commerce Department said.

Economists had forecast housing starts rising to a pace of 1.27 million units last month.

Building permits rose 2.5% to a rate of 1.354 million units in March.

Economists had forecast building permits increasing to a pace of 1.330 million units last month.

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