IPFS News Link • Housing
Housing Starts, Permits Crash In November (Despite Soaring Homebuilder Confidence)
• http://www.zerohedge.com, by Tyler DurdenIt seems they are all talk and no action as November's data for housing starts and permits collapsed (following the trajectory of mortgage apps).
Housing Starts crashed 18.7% MoM - near the biggest monthly plunge since the crisis peak in 2005.