Housing starts fell in March, still better than 2016

Washington • U.S. builders broke ground on fewer homes in March, but the pace of construction so far this year remains stronger than in 2016. Housing starts fell 6.8 percent last month to a seasonally adjusted annual rate of 1.22 million, the Commerce Department said Tuesday. The setback came after strong gains in a warmer-than-usual February. Groundbreakings on new homes are still 8.1 percent higher through the first three months of this year compared with 2016. More Americans are seeking homes...

Share this post