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US August housing begins 1.356m vs 1.310m anticipated

  • Prior was 1.238m (revised to 1.237m)
  • Starts +9.6% vs -6.8% prior
  • Building permits 1.475mM vs 1.396M expected
  • Permits +4.9% vs -4.0% prior

Starts hit a post-pandemic low last month but rebounded nicely here. They’re still far too low for population growth but rate

This article was written by Adam Button at www.forexlive.com.

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