Connect with us
The U.S. Department of Commerce announced today that all four regions of the United States experienced a rise in housing starts in April that resulted in a 13.2 percent increase year over year.

archive

New Housing Permits Hit Highest Mark in Six Years

The U.S. Department of Commerce announced today that all four regions of the United States experienced a rise in housing starts in April that resulted in a 13.2 percent increase year over year.

New Housing Permits Hit Highest Mark in Six Years (Reuters)

The U.S. Department of Commerce announced today that all four regions of the United States experienced a rise in housing starts in April that resulted in a 13.2 percent increase year over year. In addition, the department also reported that building permits hit their highest level in nearly six years, rising to 980,000 units (a 26.4 percent increase year over year). Together, both offer optimism that the U.S. housing market could be stabilizing. For investors, that means keeping an eye on homebuilders like DR Horton (DHI), Lennar Corp (LEN), Toll Brothers Inc. (TOL) and Pulte Homes (PHM).

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

MILK-FAKE: UK Papers Push Farage Fake News 1 Day Before Election

FOREIGN AFFAIRS

Obama Judges Kill Americans’ Privacy to Help Democratic House Harass Trump

U.S. POLITICS

Human Events from London: Farage’s Eyes Power As Brexit Party Surges.

FOREIGN AFFAIRS

Extinction Rebellion’s Useful Idiots: Climate Alarmism Does Far More Harm Than Good

FOREIGN AFFAIRS

archive

New Housing Permits Hit Highest Mark in Six Years

New Housing Permits Hit Highest Mark in Six Years (Reuters)

The U.S. Department of Commerce announced today that all four regions of the United States experienced a rise in housing starts in April that resulted in a 13.2 percent increase year over year. In addition, the department also reported that building permits hit their highest level in nearly six years, rising to 980,000 units (a 26.4 percent increase year over year). Together, both offer optimism that the U.S. housing market could be stabilizing. For investors, that means keeping an eye on homebuilders like DR Horton (DHI), Lennar Corp (LEN), Toll Brothers Inc. (TOL) and Pulte Homes (PHM).

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

MILK-FAKE: UK Papers Push Farage Fake News 1 Day Before Election

FOREIGN AFFAIRS

Obama Judges Kill Americans’ Privacy to Help Democratic House Harass Trump

U.S. POLITICS

Human Events from London: Farage’s Eyes Power As Brexit Party Surges.

FOREIGN AFFAIRS

Extinction Rebellion’s Useful Idiots: Climate Alarmism Does Far More Harm Than Good

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter