- Prior 1.001m. Revised to 0.985m
- Building permits 0.963m vs 1.040m exp. Prior 1.005m
- Starts down 9.3% in June following a revised drop of 7.3% in May, and the lowest since Sep 2013
- Permits at the lowest since Jan -4.2%
USD/JPY loses 5 pips on the news to 101.45. We had some better housing data recently but this report underscores that the sector is still not as strong as some make out.
US housing starts/permits by region 17 07 2014
US housing starts 17 07 2014
