- Prior was 1.356m
- Begins -0.5% vs +9.6% prior
- Constructing permits 1.428m vs 1.460m anticipated
- Permits -2.9% vs +4.9% prior
- Full report
US housing had been on the comeback path however which may be in jeopardy as 30-year charges have risen 50 foundation factors from the September low. Begins are down 0.7% y/y.
This text was written by Adam Button at www.forexlive.com.
