V-shaped Housing Recovery! US Housing Starts Rise 1.2% MoM (Apartment Starts Up 23% MoM)

by confoundedinterest17

US housing starts rise 1.2% in November, revealing a V-shaped recovery in housing. With a big assist from falling interest rates.

1-unit starts (single family detached) housing starts rose 7.98% MoM in November, while 5+ unit (apartment) starts rose 22.84% MoM.

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The biggest winner in MoM terms? The northeast! The big loser? The South!