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August New Home Starts Above-Expected 1.364.>

US DATA
US DATA: August New Home Starts Above-Expected 1.364 SAAR; Permits Up
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- August new home starts +12.3% to 1.364m SAAR vs expected 1.250m MNI 
- August building permits +7.7% to 1.419m vs July 1.317m
- July starts rev down to 1.215m SAAR from 1.269m 
- August starts breakdown: NE +30.5%, MW +15.4%, South +14.9%, West Flat
- August 1-family permits +4.5%, starts +4.4%
- August multi-family permits +13.3%, starts +32.8%
- August yr/yr starts up +6.6%
- August housing units under construction +0.3%, completions +2.4% 

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