Source: ForexYard
Expected declines in the housing sector of the United States did not materialize this week. Many economists had expected housing reports to show a bit of a dip this quarter in home sales and building permits, but so far the data has held steady.
Today’s release of Building Permits gave capital investors reason to feel secure as the figure was slightly better than many were anticipating. The Housing Starts gauge, however, did fall mildly below its expected mark, but not sufficiently enough to warrant concern.
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