The United States released the housing starts for the month of September, where housing starts rose by 15.0 percent to an annual rate of 658 thousand, compared with the prior revised estimate of 572 thousand and above expectations of 590 thousand.

The building permits index was also released for September, where building permits plummeted by 0.5 percentto an annual rate of 594 thousand, compared with the prior revised estimate of 625 thousand, and short from median estimates of 610 thousand.