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US Housing Starts & Building Permits Plunge To COVID Lockdown Lows
EverettChris
Member Posts: 4,221
in Tug Tavern
Nvidia though!
That was the third monthly drop in permits (more forward looking) in a row. Worse still, April Housing Starts were revised lower (from +5.7% to +4.1%), making this miss even worse.
This dragged the SAARs for starts and permits to their lowest since the trough of COVID...
Comments
Builders are at the Sugar Bowl