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Published on Wednesday, March 16, 2016 | Updated on Wednesday, March 16, 2016

U.S. | Housing Starts Grow Strongly, but Permits Fall

Housing starts rose 5.2% MoM in February, driven by a 7.2% MoM jump in single family starts. Building permits decreased 3.1% MoM as a result of a 8.4% MoM decline in multifamily permits. We expect continuing YoY gains in housing starts and permits in 2016

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