When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
ITB - Multifamily Housing Permits And Starts Rise In April
iShares U.S. Home Construction ETF
By Robert Hughes
Housing activity improved in April as starts and permits posted gains. However, details varied widely among the segments and regions. Total housing starts rose to a 1.235 million annual rate from a 1.168 million pace in March. The dominant single-family segment, which accounts for about three-fourths of new home construction, rose 6.2 percent for the month to a rate of 854,000 units (see top chart). The April gain was the second in a row, but the trend remains flat or slightly down. Starts of multifamily structures with five or more units increased