| Housing starts fall less than expected | |
| | |
|
(REUTERS/Carlos Barria)
The housing market is still rolling.
In August, housing stats declined by 3%, less than the 3.5% decline that was expected, while building permits rose 3.5% which topped expectations for a 2.5% increase.
July's starts number was also revised lower while the July figure for building permits was revised up.
In August, housing starts hit an annualized pace of 1.126 million while building permits came in at a total of 1.17 million.
In a note to clients following the report, Ian Shepherdson at Pantheon Macro said the decline in starts due to a correction and said the rise in permits — which hit a new post-crisis high — was the key figure.
NOW WATCH: RED EVERYWHERE: It’s a global market meltdown More From Business Insider
|
|
|
Stellar Pacific Ventures Inc.
|
|
EXPLORATION STAGE |
|
CODE : SPX.V |
|
ISIN : CA85855B1022 |
|
|
| |
ProfileMarket
IndicatorsVALUE :
Projects & res.Press
releasesAnnual
reportRISK :
Asset profileContact Cpy |
Stellar Pacific is a gold and copper exploration company based in Canada. Stellar Pacific holds various exploration projects in Canada and in Guinea. Its main exploration properties are HEVA, MONSTER LAKE and VASSAN in Canada and BALANDOUGOU GUINEA in Guinea. Stellar Pacific is listed in Canada. Its market capitalisation is CA$ 240 641 as of today (US$ 192 405, € 168 546). Its stock quote reached its highest recent level on February 18, 2011 at CA$ 0.95, and its lowest recent point on April 09, 2024 at CA$ 0.01. Stellar Pacific has 24 064 050 shares outstanding. |