US March housing begins 1.324M vs 1.420M anticipated
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- Prior month 1.501M (revised to 1.494M)
- Constructing permits 1.482M vs 1.446M anticipated
- Prior month 1.459M
These numbers are nonetheless inside the vary of the final two years. Excessive charges are weighing on the housing market but it surely’s not likely cracking meaningfully.
This text was written by Giuseppe Dellamotta at www.ubaidahsan.com.
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