USA: More building permits than expected and disappointing housing starts

(AOF) – In the United States, 1.446 million housing starts were recorded in July 2022 on an annual basis. The Briefing.com consensus was for 1.54 million, down from 1.599 million in June (revised figure of 1.559 million). In addition, 1.674 million building permits were registered in July 2022 on an annual basis. The consensus was for 1.647 million, after 1.696 million in June (revised figure of 1.685 million).

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