U.S. Housing Starts Rose 1.7% In July

U.S. housing starts in July rose 1.7% to 546.000 vs. revised (12.000 lower) 537.000 June reading. The consensus was at 560.000. Building permits in the same period rose 3.1% to 565.000.

Chart 1. U.S. Housing Starts

Source: U.S. Census Bureau

Chart 2. U.S. Building Permits

Source: U.S. Census Bureau

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