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News Link • Housing

Housing Starts, Permits Collapse In September (Spoiler Alert: It Wasn't Just The Storms)

•, by Mike Krieger

Worse still Housing Starts were supposed to drop just 0.4% in September but crashed 4.7%.

These are 2 to 3 standard deviation misses of expectations... so don't simply blame the storms as analysts were well aware that they occurred when they made their forecasts...

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