Housing Starts: Holding Pattern

Posted December 16, 2014 by rvillareal

November housing starts are effectively in line with expectations, but show little in the way of building momentum, falling 1.6% to 1.028 million (Consensus: +3.1% to 1.040 million; DE: +1.1%), but from a prior-month level revised up by 3.6% (and a September level revised down by 1.0%.