Simultaneous declines in housing permits, starts, and units under construction in March suggests seasonality glitch, not a change in trend
– by New Deal democrat The Bonddad Blog There was a big decline in housing starts last month, and a smaller but significant decline in permits. Whether that signifies a change in trend or just noise is the issue. I lean towards the latter. To wit, in reaction to both January and Februarys’ housing construction report […]