U.S. Home Building, Permits Fell Last Month

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U.S. Home Building, Permits Fell Last Month
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Housing starts were down 9.7% in the first three months of 2019

So-called housing starts fell 0.3% in March from the prior month to a seasonally adjusted annual rate of 1.139 million, the Commerce Department said Friday.

Residential building permits, which can signal how much construction is in the pipeline, dropped 1.7% from February to an annual pace of 1.269 million in March.

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