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Closed-End Fund Commentaries

February Housing Starts

Mar 16, 2017
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 Housing starts rose 3.0% in February to a 1.288 million annual rate, beating the consensus expected 1.264 million. Starts are up 6.2% versus a year ago.  The rise in starts in February was entirely due to single family units; multi-family starts declined. In the past year, single-family starts are up 3.2% while multi-family starts are up 13.0%.

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