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U.S. December housing starts up more than expected, building permits unexpectedly fall

Published 01/19/2017, 10:26 AM
Updated 01/19/2017, 10:26 AM

Investing.com – U.S. housing starts rose more than expected in December, but building permits unexpectedly fell.
The Commerce Department said Thursday housing starts rose 11.3% to 1.226 mn units from November.
Analysts had expected housing starts to rise 8.6% to 1.200 mn units.
Building permits fell 0.2% to 1.210 mn units vs. forecast rise of 1.1% to 1.225 mn.

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