U.S. Housing Starts Rose 3.9%; Number Of Building Permits Issued In The U.S. Fell 4.0%
(For November)
U.S. housing starts in November rose 3.9% to 555.000 vs. revised (15.000 higher) 534.000 October reading. The consensus was at 550.000. On year level U.S. housing starts are down 5.8%.
Chart 1. U.S. Housing Starts
Number of building permits issued in the U.S. in November fell 4.0% to 530.000. The consensus was at 560.000.
On year level number of building permits issued in the U.S. is down -14.7%.
Chart 2. U.S. Building Permits