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Dakar 2017
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Housing Starts

Housing Starts USA

The indicator Housing Starts (USA) showing the number of houses construction of which has started. The indicator is very sensitive to major interest rate changes, because one needs to take bank credit loans to build. This data, due to the peculiarities of the real estate market, is subject to seasonal fluctuations. The building process is directly linked to population income rates, that’s why an increase in building permit amounts characterizes an improvement in the population welfare and healthy economy growth. The indicator Housing Starts has limited online forex market influence. The value increase of issued building permits is advantageous for the national currency rate growth. The data is published during the third week of each month along with Building Permits.

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