Housing Permits Remained at a High Level in February but Builder Sentiment Fell in March By Robert Hughes

“Housing permits were off in February but remain at a solid level. Rising home prices and higher mortgage rates are strengthening headwinds for demand while elevated commodity costs remain a challenge for homebuilder profits.” ~ Robert Hughes

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The American Institute for Economic Research, also known as AIER, is an economic research institute located in Great Barrington, Massachusetts. It was founded in 1933 by the 20th century economist Edward C. Harwood with the intention of protecting individual rights and continues to produce quality content on subjects of policy, philosophy and economic science.