US housing starts fall in March

While housing starts in the US decreased in March, building permits increased. The US Department of Commerce released the housing starts and building permits statistics for March. Accordingly, housing starts decreased by 0.8 percent in March compared to the previous month, falling to 1 million 420 thousand. Housing starts, which exceeded market expectations, were expected to be 1 million 400 thousand. Housing starts were realized at 1 million 432 thousand in February. Housing starts in the country also decreased by 17.2 percent annually in March. - Building permits fell short of expectations Building permits decreased by 8.8 percent monthly in March, falling to 1 million 413 thousand. During this period, building permits, which fell short of expectations, were expected to be 1 million 450 thousand. Building permits were realized at 1 million 550 thousand in February. Building permits in the US also decreased by 24.8 percent annually in March.