Housing Starts
The number of new homes on which building began in a month, a key US housing indicator.
In plain English
The number of new homes on which building began in a month, a key US housing indicator.
Housing starts count new residential construction projects that broke ground. In the US they come out monthly with building permits.
Building homes pulls in jobs, materials and spending, so starts are a useful read on the economy. They are very sensitive to mortgage rates.
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