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Oct housing starts +13.7% to 1.290m SAAR,...>

US DATA
US DATA: Oct housing starts +13.7% to 1.290m SAAR, well above the 1.190m 
rate expected and the highest since Oct 2016 following mixed revisions.
- Starts were +17.2% in the South region after a Sept hurricane-related 
dip. Starts +42.2% in NE, +18.4% in MW, -3.7% in West.
- Single-family starts +5.3%, while multi-family starts +36.8%. 
- Building permits +5.9% to 1.297m SAAR vs 1.245m expected and high 
since Jan, with single-family +1.9% and multi-family +13.9%. 
- Housing completions +12.6% to 1.232 million SAAR, highest since Feb 
2008. Along with gains in permitted by not started and those under 
construction, further gains in home supply appear likely.

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