U.S. Housing Starts Rose 14.6%; Number Of Building Permits Issued In The U.S. Fell 10.4%

(For January 2011)

Little late…

U.S. housing starts in January rose 14.6% to 596.000 vs. revised (9.000 lower) 520.000 December reading. The consensus was at 529.000. On year level U.S. housing starts are down 2.6%.

Number of building permits issued in the U.S. in January fell 10.4% to 562.000. The consensus was at 559.000.On year level number of building permits issued in the U.S. is down -10.7%.


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