Published on FXDD (http://forex.fxdd.com)
Forex News: Housing Starts and Building Permits better than expected but due to new construction codes
By Greg Michalowski
Created Jul 17 2008 - 7:33am

The Housing Starts were better than expected.  However, reports are that new NY City construction codes increased the values.  The report is that ex NYC the starts would have been down 4% versus up 9%. 

The Housing starts rose to 1,066,000 versus 960,000 expected, and Permits rose to 1,091,000 versus 965,000 expected. 


Source URL: http://forex.fxdd.com/trading-news/5337/forex-news%3A-housing-starts-and-building-permits-better-expected-due-new-constructi