By Diana Olick, CNBC Real Estate Reporter NEW YORK ( CNBC) --The numbers are in, the analysts are out, and given the volatility of this particular economic indicator, the spin is at full speed: "Good News on Housing Permits More Than Offsets the Bad News on Starts"-- HIS Global Insight "Housing Starts Decline Again" - Capital Economics "March Multifamily Starts Down; Permits Continue Upward Trend"-- KBW "March Construction Numbers Aren't As Bad as They Look"-- Trulia.com "Housing Starts Lacking Consumer Confidence" -- Sageworks Inc. Here's the problem: We are living a tale of two housing markets, single and multi-family. Depending on what kind of builder or investor you are, you're going to see the housing starts numbers differently. Let's weed through it first:
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