Nvidia though!
That was the third monthly drop in permits (more forward looking) in a row. Worse still, April Housing Starts were revised lower (from +5.7% to +4.1%), making this miss even worse.
This dragged the SAARs for starts and permits to their lowest since the trough of COVID...
That was the third monthly drop in permits (more forward looking) in a row. Worse still, April Housing Starts were revised lower (from +5.7% to +4.1%), making this miss even worse.
This dragged the SAARs for starts and permits to their lowest since the trough of COVID...