US Single-Family Housing Permits Plunge To COVID Crisis Lows, Starts Slump
November 17, 2022 at 08:42 AM EST
Courtesy of ZeroHedge With homebuilder sentiment collapsing, it should be no surprise that analysts expected housing starts and permits to tumble in October, and they were right with starts dropping 4.2% MoM and permits down 2.4% MoM… Source: Bloomberg That pushed the total number (SAAR) of building permits (forward looking) to its lowest since Aug […] Source
