July 2018 US housing starts and building permits data 16 August 2018

  • Prior 1.173m
  • Building permits 1.311m vs 1.310m exp. Prior 1.292m

A sharp drop in starts, although permist hold up well enough. Whether that’s interest rate related due to a possible slowdown in demand is unknown but we’ve been flagging the other housing indicators looking softer recently.


Ryan Littlestone

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