Housing Starts Healthier Than Expected

Econ & Housing

Housing starts for February came in 9.8% above the revised January estimate. Experts say the above-expected growth came largely due to a lack of existing-home inventory available for sale.The Commerce Department said Thursday that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000. While showing month-over-month growth, but is 18.4%…

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