The US released on one hand its housing starts for December showing a gloomy decline as it came in at 529 thousand or -4.3%; than the predicted reading of 550 thousand or -0.9% from the prior reading of 555 thousand or 3.9%.

While on the other hand the building permits for the same period rose to 635 thousand or 16.7%; better than the forecasted 555 thousand or 2.0% and from the prior reading of 530 thousand or -4.0%.