February 2018 US housing starts and building permits 16 March 2018

  • Prior 1.326m
  • Single family starts +2.9% to 902k
  • Multi family starts -26.1% to 334k
  • Building permits 1.298m vs 1.320m exp. Prior 1.377m

A worse than expected drop from Jan so it’s flattened the good rise we saw last month.  The trend is still higher although we’re seeing a more shallower path.

 

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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