US Equity and Economic Review: Housing is Solid, But the Market Is Again Hitting Resistance
September 25, 2016 at 18:41 PM EDT
Housing dominated this week's news. On Tuesday, the Census reported that housing permits were down .4% M/M and 2.3% Y/Y. It showed housing starts decreased 5.8% M/M and rose .9% Y/Y. The longer trend shows a relatively stable state since early 2015.