Relevant:
- New U.S. Housing Construction in April Exceeds Forecasts
- Housing Starts in U.S. Rose in January, Permits Fell
- Building Permits In U.S. Rose In July To Four-Year High: Economy
- Home Prices in U.S. to Fall Through End of Next Year, Zillow Survey Says
- Sales of U.S. Existing Houses Probably Held Near Two-Year High
2013-02-20 — bloomberg.com
New residential construction in the U.S. probably cooled in January from a four-year high, signaling the industry's momentum paused at the start of 2013, economists said before a report today.
Builders broke ground on houses at a 920,000 annual rate, down from December's 954,000 pace that was the fastest since June 2008, according to the median estimate of 85 economists surveyed by Bloomberg. Housing permits, a proxy for future construction, probably rose.
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