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July New Home Starts Below-Expected 1.191...>

US DATA
US DATA: July New Home Starts Below-Expected 1.191 SAAR; Permits Up
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- Jul new home starts -4.0% to 1.191m SAAR vs expected 1.257m MNI 
- Jul building permits +8.4% to 1.336m vs Jun 1.232m
- Jun starts rev down to 1.241m SAAR from 1.269m 
- Jul starts breakdown: NE -13.8%, MW -6.2%, South -4.3%, West +1.3%
- Jul yr/yr starts up +0.6% 

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