(Reuters) - Housing starts slipped 2.1 percent to an annual pace of 1.474 million units in May compared with a 1.506 million unit pace in April, the Commerce Department said on Tuesday.
The level of starts was a touch below what was expected on Wall Street, but permits for future groundbreaking rose 3 percent to a faster-than-expected 1.501-million unit rate.
Read more at Reuters.com Economic News
The level of starts was a touch below what was expected on Wall Street, but permits for future groundbreaking rose 3 percent to a faster-than-expected 1.501-million unit rate.
Read more at Reuters.com Economic News
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