Tag: housing

Housing Starts Surprise to Upside Led by Multi-Family, Permits Surprise to Downside
October 20, 2015 0

Housing Starts Surprise to Upside Led by Multi-Family, Permits Surprise to Downside

By News Desk

Housing Starts Surprise to Upside Led by Multi-Family, Permits Surprise to Downside There’s something for bulls and bears alike to cheer about in today’s housing starts report. Starts were ever-so-slightly above the top Econoday Estimate but permits were well below the lowest economist’s estimate. Starts, driven by a spike in multi-family units, came in much stronger than expected in September, news offset however by a significant decline in permits.

Housing Starts Decline 11.1%, Underperform Economists’ Expectations, Still Labeled "Solid"; GDPNowcast Ticks Down 0.1%
June 16, 2015 0

Housing Starts Decline 11.1%, Underperform Economists’ Expectations, Still Labeled "Solid"; GDPNowcast Ticks Down 0.1%

By News Desk

Housing Starts Decline 11.1%, Underperform Economists’ Expectations, Still Labeled "Solid"; GDPNowcast Ticks Down 0.1% Housing starts underperformed the Bloomberg Econoday Economists’ Consensus Estimate enough for the Atlanta Fed GDPNow Forecast to give back the 0.1% it gained yesterday, yet the report is still considered "solid". Don’t let the headline fool you, the housing starts & permits report points to solid strength for the housing sector.