US: Housing starts slide in April but recovery remains intact – Wells Fargo

Analysts at Wells Fargo, explained that the 3.7% slide in housing starts was due to multi-family projects while single-family starts edged higher. They see the housing recovery intact. Key Quotes: “Housing starts fell 3.7 percent in April, essentially reversing a 3.6 percent rise the prior  month. While the headline figures might raise some concerns about […]

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