Yan Zhang, USA Today Published 11:54 a.m. ET May 16, 2019

CLOSE

Millennials are reportedly set to become the largest living generation, according to population projections from the U.S. Census Bureau. Buzz60

U.S. home construction picked up momentum in April, ending a two-month downturn.

Housing starts rose 5.7% in April to a seasonally-adjusted rate of 1.235 million, the Commerce Department said on Thursday.

The increase was broad-based, driven by construction of both new single-family and multi-family housing. Single-family housing starts rose by 6.2% from the prior month to 854,000, while the multi-family segment posted a gain of 2.3% to 359,000. Starts were particularly strong in the Northeast and the Midwest.

Building permits, a sign

Read More At Article Source | Article Attribution