All the main housing indicators are now in so what will the Fed make of it?
Here's a snapshot of the housing data for October
Starts were lower but not out of the ball park from the average of 1092 for the year to date. The same could be said for permits, new and existing sales. If the Fed wanted much stronger numbers to enforce a rate hike decision there's nothing here except more steady progress
In the run up to the FOMC we will only get the November numbers for starts and permits. Existing and new sales come after. That will be the last chance for the Fed to weigh up the housing sector