Posts Tagged ‘Housing starts’

FED Meeting Aftermath

Returning to my screens after few days of vacation and couple of days of useless erins. Let me recap economic announcements in the last few days. Housing starts at consensus of 598k, building permits at 579k versus consensus of 583k. We have a 20% rise from the lows a few months ago. House prices rose 0.3% vs. consensus of 0.5%. Important indicator to watch, as seasonal effects ad government stimulus could fade into the winter. Mortgage applications up 12.8%.

 

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