Housing Starts and Building Permits Exhibit New Found Strength
Total housing starts jumped 20.2% from March to April to hit an annualized pace of 1.14 million with single-family starts jumping by 16.7% to 733,000. Building permits rose 10.1% from March to April to reach 1.18 million. Of that figure, single-family permits accounted for 666,000 permits, an increase of 3.7% over March.
Previous
Lusk Executive Forum - Orange County
About author
You might also like
Los Angeles Housing Market Continues to Show Strength
Housing prices in greater Los Angeles rose 4.8% from the prior quarter while sales improved by 6.5% with houses staying on the market an average of five days. The median
California Home Sales Down 7% in December
Despite strong headwinds of tight housing supplies and an affordability squeeze throughout much of 2016, California’s housing market ended the year on a positive note, posting a moderate sales pace
