Original post: Nobody’s expecting too much.
575K on an annualized rate is the prediction. That’s just up from the previous 560K, but we’re still bouncing around all-time historical lows.
Number out in a moment.
Update: OK, not as horrible as it could have been.
Housing starts came in at an annualized 629K pace, a 14.6% jump rom a revised 549K.
Permits of 624K was also ahead of expectations of 595K.