Home / Market Update / US: Housing Starts Rise by 3.6% in May

US: Housing Starts Rise by 3.6% in May

Housing Starts in the US rose by 3.6% on a monthly basis in May following April’s drop of 12.1% (revised from -9.5%), the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Wednesday.

Check Also

AUD Bounces Back as Greenback Falters Amid RBA Rate Cut and US Inflation Data

The Australian Dollar (AUD) staged a notable recovery against the US Dollar (USD) on Tuesday, …