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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Saulamanca who wrote (22351)1/18/2020 3:36:09 PM
From: Saulamanca  Read Replies (2) | Respond to of 48897
 
US housing starts soar 16.9% in December to a 13-year high
Published Fri, Jan 17 20208:31 AM EST Updated Fri, Jan 17 20201:27 PM EST

Key Points

  • U.S. homebuilding surged to a 13-year high in December as activity increased across the board.
  • The data suggested the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.
  • Housing starts jumped 16.9% to an annual rate of 1.608 million units last month, the highest level since 2006.

Continued

cnbc.com