US Housing Starts Snap Back in February Despite Activity Plunging in the Northeast

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Housing starts in the US surpassed expectations in February 2016, rising by 5.2% to reach 1,178,000 annualized units (on a seasonally adjusted basis). Market expectations had been for starts to climb by a modest 4.6% to 1,150,000 units. The increase in the latest month nearly retraced two consecutive months of[​IMG]

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