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US Sept housing starts 1.354m vs 1.350m expected

  • Prior was 1.356m
  • Starts -0.5% vs +9.6% prior
  • Building permits 1.428m vs 1.460m expected
  • Permits -2.9% vs +4.9% prior
  • Full report

US housing had been on the comeback trail but that may be in jeopardy as 30-year rates have risen 50 basis points from the September low. Starts are down 0.7% y/y.

This article was written by Adam Button at www.forexlive.com.

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