Construction on new homes jumps to a 15-month high, but the real-estate slump isn't over

Housing starts hit a 15-month high in March as warmer weather boosted homebuilding activity. Despite the uptick, the article says the broader industry slump appears no closer to ending, making the data mildly encouraging but still weak overall.

Analysis

Housing starts hit a 15-month high in March as warmer weather boosted homebuilding activity. Despite the uptick, the article says the broader industry slump appears no closer to ending, making the data mildly encouraging but still weak overall.