US Housing Starts Hit The Skids In December—-Down 10.9% Y/Y

However, collapse was more appropriate than relapse as Housing Starts crashed 11.2% MoM in December (against expectations of a .1% drop). Building Permits managed a modest 0.3% MoM gain however (better than expected).

 

 

 

 

 

https://www.zerohedge.com/news/2019-02-26/us-housing-starts-crashed-december