US July housing starts 1194K vs 1256K expected

Author: Adam Button | Category: News

July 2019 housing starts:

  • Prior was 1253K (revised to 1241K)
  • Down 4.0%
  • Single family starts up 2.0% y/y
  • Building permits 1336K vs 1270K expected
  • Permits up 8.4%
That's a great reading on permits and is maybe a glimmer of hope that housing is turning on lower interest rates.

Here's a look at permits:
building permits

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