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US June housing starts 1186K vs 1189K expected

July 17, 2020 at 01:30PM

US June housing starts 1186K vs 1189K expected
US June housing starts and building permits
This is virtually in-line with expectations but given that nearly all US data has beaten expectations for months, it’s a bit disappointing. All indications are the US housing came out of the pandemic hot, and lumber prices have jumped but maybe we’ve hit some kind of plateau?

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