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US housing starts rose last month, at 12 1/2 year high.

tIUguy2

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May 25, 2016
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https://www.cnbc.com/2019/12/17/us-housing-starts-building-permits-november-2019.html

  • U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high.
  • Lower mortgage rates continued to boost the housing market and support the broader economy.
  • Housing starts rose 3.2% to 1.365 million units last month, with single-family construction racing to a 10-month high.
  • Activity in the volatile multifamily sector increased for a second straight month, the Commerce Department said.
 
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