Closed-End Fund Market Commentaries
Mar 16, 2017
Click here to access February Housing Starts
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%.