Istanbul, May 16 (DHA) - Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,287,000. This is 3.7 percent (±11.4 percent) below the revised March estimate of 1,336,000, but is 10.5 percent (±9.7 percent) above the April 2017 rate of 1,165,000.
Single-family housing starts in April were at a rate of 894,000; this is 0.1 percent (±11.8 percent) above the revised March figure of 893,000. The April rate for units in buildings with five units or more was 374,000.
Building permits also below expectations
Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,352,000. This is 1.8 percent (±1.3 percent) below the revised March rate of 1,377,000 and was expected to fall by 2.3 percent. This rate is 7.7 percent (±0.9 percent) above the April 2017 rate of 1,255,000.
Single-family authorizations in April were at a rate of 859,000; this is 0.9 percent (±1.4 percent) above the revised March figure of 851,000. Authorizations of units in buildings with five units or more were at a rate of 450,000 in April.
Hurriyet.com.tr’nin İstanbul haberleri bölümünde, DHA’nın abonelerine gönderdiği İstanbul haberleri otomatik olarak derlenmektedir. hurriyet.com.tr editörleri otomatik akış içinde US new residential construction below expectations haberine editoryal müdahalede bulunmamıştır. Haber içeriklerinden hukuken ilgili ajanslar sorumludur.