September 2018 US housing starts and building permits 17 October 2018

  • Prior 1.282m. Revised to 1.268m
  • Building permits 1.241m vs 1.275m exp. Prior 1.249m

Worse than expected and a sizeable drop on last month, even with the revision lower. Permits hold up well enough though. Housing is still more sideways than up.

Ryan Littlestone

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