Investing.com – U.S. housing starts and building permits fell more than than expected in November.
The Commerce Department said Thursday housing starts fell 18.7% to 1.090 mn units from October.
Analysts had expected housing starts to fall to 1.230 mn units.
Building permits fell 4.7% to 1.201 mn vs. forecast fall to 1.240 mn from 1.260 mn.