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Comments on July Housing Starts

Earlier: Housing Starts decreased to 1.155 Million Annual Rate in JulyThe housing starts report released this morning showed starts were down 4.8% in July compared to June, and were down 5.6% year-over-year compared to July 2016. This was a weak report and was below the consensus forecast.Note that multi-family starts are volatile month-to-month, and has seen wild swings over the last year.
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Business & Finance / Economics : CalculatedRisk

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