Market Currents

More on Housing Starts: Seasonally adjusted rate fell 8.5% sequentially, +23.6% Y/Y....

Wednesday, February 20, 8:36 AM ET
More on Housing Starts: Seasonally adjusted rate fell 8.5% sequentially, +23.6% Y/Y. Single-family starts of 613K +0.8% from December, meaning January's decline was due to a big drop in volatile multi-family starts. Building permits of 925K, up 1.8% sequentially, +35.2% Y/Y. (full report)

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This news story has 7 comments:

bbro Comments (7830)

Hint..the year over year numbers are predictive...

20 Feb, 08:43 AM Reply Like

youngman442002 Comments (4972)

sounds like the multi family is slowing down...and it should.....where I live.....Denver Colorado...thousands of new apartments.....overbuilt I think

20 Feb, 09:04 AM Reply Like

anonymous#12 Comments (553)

UP 23.6% y-y. Excellent Numbers....

20 Feb, 09:10 AM Reply Like

al roman Comments (255)

Steady as she goes.

20 Feb, 09:51 AM Reply Like

june1234 Comments (915)

Excellent. TOL , citing lower average prices missed earnings badly, revenues dropping $73M . A law just took effect in California Jan 1 delaying foreclosures , passed by the legislature last summer after they determined 366,000 foreclosures with another 700,000 on deck was too much in their housing recovery.http://bit.ly/WPafVS

20 Feb, 09:57 AM Reply Like