Month-over-month weakness in the pace of building permits and completed construction was led by the Northeast. But national activity rose from a year earlier.
April 2017 saw 102,900 new privately owned housing units authorized in permit-issuing places. Volume slowed from an upwardly revised 112,500 the prior month.
But the number of permits issued ascended by a nominal amount compared to the same month last year, when there were an upwardly revised 101,900 permits issued.
Source: Mortgage Daily