U.S. housing permits climb

Housing permit requests climbed in February as builders’ confidence in the housing market grew.

Share this article!

Housing permit requests climbed in February as builders’ confidence in the housing market grew.

They requested 5.1 percent more permits in February to build single-family homes and apartments in the coming months. That increased the annual rate to a seasonally adjusted 717,000 permits, the Commerce Department said Tuesday.

While that’s still half the rate considered healthy by most economists, it’s the highest for a single month since October 2008.

Read more at The Register-Guard.

{biztweet}housing permit{/biztweet}