Morning Minute: Housing starts climb higher in April

U.S. home construction picked up in April, a good sign for housing inventory levels, which have been lagging amid growing buyer demand. The Commerce Department reported today that U.S. housing starts increased 6.6 percent, an even stronger showing than economists had been expecting, CNBC reports in the article, “U.S. housing starts, building permits increase in April.

In other headlines:

Reverse Migration: How Baby Boomers Are Transforming City Living – Realtor.com

MBA: 30-year mortgage rate predicted to hover around 4% – HousingWire

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