Mixed Bag on Housing: Starts Up, Permits Down

Filed in New Gold, Spot Gold by on October 19, 2010 0 Comments

Filed under: Economic Data , Housing U.S. housing starts hit a five-month high in September, Commerce Department data released Tuesday revealed. Housing starts rose 0.3% to 610,000 units in September. Reuters analysts estimated only a 580,000 unit rate. New building permits dropped 5.6% to a 539,000 unit pace, after a 2.1% increase in August. Permits were pulled down by a 20.2% slump in multi-family units. Actually, permits for single family homes rose by 0.5% Continue reading Mixed Bag on Housing: Starts Up, Permits Down Mixed Bag on Housing: Starts Up, Permits Down originally appeared on BloggingStocks on Tue, 19 Oct 2010 10:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Mixed Bag on Housing: Starts Up, Permits Down

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