Top Insights
- 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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