» Housing Starts: Fed Traction? Decision Economics

Housing Starts: Fed Traction?

Posted July 18, 2012 by Editor

[private]June housing starts surprise to the upside, rising 6.9% (Consensus: +5.2%; Decision Economics: +3.1%) from a prior-month level revised up by 0.4%.¬† The overall result was notably healthy, incorporating a solid 4.7% rise in single-family starts–taking the total to the highest rate since the tax-credit phase in early 2010.