Housing starts fall more than expected in September as building permits hold up
September U.S. housing starts: -5.9% M/M to a seasonally adjusted annual rate of 1.221M vs. 1.305M consensus and 1.288M prior (revised from 1.275M), according to data released by the U.S. Census Bureau on Tuesday.
Building permits: -0.2% M/M to SAAR of 1.400M vs. 1.387M consensus and 1.403M prior (revised from 1.394M).
Developing… Check back for updates.
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