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US Housing Starts Relatively Steady in May and Up from Q1/16

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US housing starts fell less than expected in May, albeit from a downwardly revised April reading, as single units starts edged slightly higher to partially offset a modest decline in multi-unit starts. Multi-unit starts have generally trended lower over the last year after peaking in mid-2015, while single unit starts[​IMG]

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