- Prior 1.072m. Revised to 1.071m
- Building permits 0.991m vs 1.050m exp. Prior 1.059m
That’s a 6.5% drop in starts and 6.4% fall in permits.
At the moment the dollar is taking the higher inflation figures over the slowing housing market.
Ground breaking for single family homes makes up the bulk of the market and that was down 5.9% in May at 625k units
US housing starts details 17 06 2014
US housing starts 17 06 2014
