U.S. housing starts rising

The United States announced at 21:30 on 2024/7/17Number of housing startsResults for 1.314 million cases in the previous month1.353 million piecesIt was.

What is the market forecastNumber of housing startsIt was predicted that it would decrease, but on the contrary, signs of an increase began to be seen.

ThisStock depreciationIt's a factor.

from this resultNASDAQhas declined.

CPIWhat was the excitement of the housing market in a phase where housing costs remained highStock heightIt was a factor.

CurrentlyCPIHas declinedunemployment rateIt is a phase where there is an upward trend.

Because the boom in the housing market will accelerate the labor marketunemployment rateIt makes it harder for it to rise.

Interest rate cutsIt will be a material for the season to recede.

If the housing market progresses smoothly, housing costs will drop further and it will be difficult for the unemployment rate to rise, soInterest rate cutsThe time will recede further.

because this is not a deterministic factorunemployment rateThere is also a possibility of an increase.

It can be said that this possibility has decreased.

ThisStock depreciationIt's a factor.