DATA VIEW: HOUSING STARTS AND BUILDING PERMITS UPDATE
US housing market, measured by Housing Starts and Building Permits indicators is continuing its recovery in line with its relevant trendline.
The housing market was hit the hardest during the 2008/9 financial crisis, causes by the burst of housing market bubble in the US.
Thus it comes as a no surprise that the housing market is still recovering its losses, but it looks like it is going to reach its pre-bubble levels in 2017, if the relevant trend holds!
The housing market was hit the hardest during the 2008/9 financial crisis, causes by the burst of housing market bubble in the US.
Thus it comes as a no surprise that the housing market is still recovering its losses, but it looks like it is going to reach its pre-bubble levels in 2017, if the relevant trend holds!