February was not a great month for housing starts in the U.S. They fell 7 percent compared to January thanks to weaknesses in multifamily construction, hitting an annual rate of about 1.2 million, according to the Wall Street Journal. Permits for residential buildings also fell 5.7 percent to an annual pace of about 1.3 million, while multifamily construction dropped by 26.1 percent. In January, housing starts were at an annual pace of about 1.3 million, […]
source https://therealdeal.com/2018/03/16/us-housing-starts-dropped-in-february-report/
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