U.S. ECO PREVIEW: Housing Starts Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Housing starts seen retreating 7% in Nov. to 1.230m annual rate (forecast range 1.125m to 1.316m); tracks number of new units started during reference period.
Alert: HALISTER1- In Oct. starts rose 25.5% to 1.32m pace, fastest since Aug. 2007; single-family and multi-family homes both advanced
- Pace depends on impact from higher mortgage rates: Bloomberg Intelligence
Source: BFW (Bloomberg First Word)
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UUID: 7947283