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February 2016 US housing starts 1.178m vs +1.15m exp

Details of the February 2016 US housing starts and building permits data

  • +1.120 prev revised up from 1.099m
  • mm + 5.2% vs +4.6% exp vs -3.4% prev rev up from -3.8%
  • building permits 1.167m vs 1.2m exp vs 1.204m prev revised up from +1.202m
  • mm -3.1% vs -0.2% exp/prev

Stronger starts inc revision but slower permits suggests some degree of stalling in the sector.

Housing starts measures the change in the annualized number of new residential buildings that began construction during the reported month. It is a leading indicator of strength in the housing sector. Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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