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Standard Pacific Corp. Message Board

  • whatahappyday whatahappyday Aug 19, 2014 11:30 AM Flag

    Housing Starts Up As per Investors Business Daily

    Housing starts and permits rose much more than expected in July, while consumer prices remained tame last month.

    Housing starts soar to 2014 peak

    Starts rose 15.7% in July to 1.093 million, the highest level since December's 6-1/2-year peak and far better than the 963,000 expected. Permits were also up sharply, to 1.052 million. The closely watched single-family home gauge rose 8.3% to 656,000, reversing a 2-month decline.