US March housing starts 1.793m vs 1.745m expected

19/04/2022 | 12:28 GMT

US March housing starts data

Prior was 1.769 (revised to 1.788m)
Building permits 1.873m vs 1.825m expected
Prior permits 1.859m

This is a new cycle high for housing starts. Despite all the supply chain issues, margins are still high and builders are trying to build.

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