U.S. Housing Data

By @ibtimes on

The U.S. released the housing starts index for the month of January, where housing starts increased by 14.6% to an annual rate of 596,000, compared with the prior revised estimate of 520,000, and well above expectations of 539,000.

The building permits index for the month of January dropped by 10.4% to an annual rate of 562,000, compared with the prior revised estimate of 627,000 and slightly above expectations of 559,000.

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