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US Housing Starts Unexpectedly Picked Up in July, Nearing a Cycle High

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The increase in July 2016 was concentrated in multi-unit starts (5.0%), which have trended higher during the last four months and are now at the highest level in nearly a year. Single-unit starts rose by modest 0.5% to sit solidly above their second-quarter average, which itself was down significantly from[​IMG]

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