Housing Starts Jump 20.2% in April

Washington, DC, May 19, 2015—Housing starts leapt 20.2% to a 1.14 million annualized rate in April, according to the Commerce Department. This is the most starts since November 2007 and follow’s March’s 944,000 rate.

In addition, more permits were issued than at any time since June 2008, indicating that the future market should be strong as well.