US August housing starts 1.356m vs 1.310m expected

• Prior was 1.238m (revised to 1.237m)
• Starts +9.6% vs -6.8% prior
• Building permits 1.475mM vs 1.396M expected
• Permits +4.9% vs -4.0% prior

Starts hit a post-pandemic low last month but rebounded nicely here. They’re still far too low for population growth but rate

This article was written by Adam Button at www.forexlive.com.