Look at them housing starts…I don’t know when next BIG move should be down…..magic fingers helping to ignore more proof of BROWN SHOOTS!
"talk that housing starts were stabilizing hit a snag in October as new housing starts plummeted 10.6% to 529,000 units from 592,000. The consensus forecasted an increase in starts to
The details in the data don't look pretty.
Single family starts fell 6.8% to 476,000 and is at its lowest level since May.
Multi-family starts fell a whopping 34.5% as only 53,000 new units were started. Multi-family starts have never been this low since the index was created in 1959."
The details in the data don't look pretty.
Single family starts fell 6.8% to 476,000 and is at its lowest level since May.
Multi-family starts fell a whopping 34.5% as only 53,000 new units were started. Multi-family starts have never been this low since the index was created in 1959."
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