October 18, 2024 at 01:30PM
Prior was 1.356m
Starts -0.5% vs +9.6% prior
Building permits 1.428m vs 1.460m expected
Permits -2.9% vs +4.9% prior
Full report
US housing had been on the comeback trail but that may be in jeopardy as 30-year rates have risen 50 basis points from the September low. Starts are down 0.7% y/y.
This article was written by Adam Button at www.forexlive.com.
US Sept housing starts 1.354m vs 1.350m expected