US housing market data for February was released today at 12:30 pm GMT. Report was expected to show a small increase in building permits compared to January as well as a big jump in housing starts, thanks to a relatively warmer weather.
Actual data turned out to be even stronger than expected with housing starts surging 10.7% MoM and buildings permits growing 1.9% MoM. However, in spite of this strong data, USD weakened with EURUSD moving slightly higher.
US, housing market data for February
- Building permits: 1518k vs 1500k expected (1489k previously)
- Building permits growth: 1.9% MoM vs 0.5% MoM expected (-0.3% MoM previously)
- Housing starts: 1521k vs 1435k expected (1331k previously)
- Housing starts growth: 10.7% MoM vs 8.2% MoM (-14.8% MoM previously)
Source: xStation5
شريان تجاري جديد: «موانئ دبي العالمية» تطلق خط «China Africa Link» لتعزيز التجارة بين الصين وأفريقيا
الاقتصاد السعودي يعزز تنوعه غير النفطي لمواجهة الأزمات وتقلبات أسواق الطاقة
مجموعة الحبتور تقرر الإنسحاب الكامل من لبنان وبيع جميع أصولها واستثماراتها
مبيعات الشقق الجاهزة في دبي تسجل 5.28 مليار درهم خلال أكتوبر 2026