US March housing starts 1.793m vs 1.745m expected

  • US March housing starts data
US housing starts
  • 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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