U.S. housing starts decline in March as apartment construction cools

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U.S. housing starts decline in March as apartment construction cools
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Construction on new U.S. homes fell 0.8% in March, the Commerce Department said Tuesday.

The numbers: Construction on new homes fell 0.8% in March, due to slowing construction of apartment buildings.

Economists... The numbers: Construction on new homes fell 0.8% in March, due to slowing construction of apartment buildings. Economists polled by the Wall Street Journal had forecast housing starts to fall in March to a 1.4 million annual clip. The numbers are seasonally adjusted.

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