Building permits and housing starts
- US building permits for the month of February 1.464Mvs expected 1.5M. The previous month came in at 1.55M
- Housing starts 1.599M vs expected 1.5M. The previous month came in at 1.567 million revised up to 1.624M
- building permits fell -5.5% versus 9.2% last month
- housing starts fell -1.5% versus +1.4% last month (revised from -3.6%)
- single-family starts fell to 1010K
- multifamily starts rose to 557K
- completions fell to 1280K from 1323K in January
The thousand data can be quite volatile. This data is of course not reflective of current economic conditions.
