US home construction data for November 2020
- Prior was 1530K
- Building permits 1639K vs 1560K exp
- Prior permits 1544K
- Permits +6.2% m/m vs +1.0% exp
Details:
- Single family starts +0.4%
- Multifamily +4.0%
- Single family permits +1.3%
- Multifamily permits +19.2%
I don't know if there's a better secular bull market out there than US housing.
