WRAPUP 2-U.S. housing starts beat expectations; supply constraints remain

U.S. housing starts increased
more than expected in April and activity in the prior month was
stronger than initially thought, suggesting declining mortgage
rates were providing some support to the struggling housing
market.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/2PWeiphwQvs/wrapup-2-u-s-housing-starts-beat-expectations-supply-constraints-remain-idUSL2N22R1F7