- In addition to the light headline print for August (891K vs. 918K expected), July's figure is revised lower by 13K to 883K. Stripping out the volatile multi-family number finds single-family starts of 628K up 7% from July (the overall print gained just 0.9%).
- Building permits of 918K were 3.8% below July, and 11% higher Y/Y.
- Housing ETFs: XHB, ITB, PKB, REZ.
- Full report.
Single-family starts gain 7% August, but permits fall
Sep 18 2013, 08:51 ET