DATA VIEW: HOUSING STARTS AND BUILDING PERMITS UPDATE

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US housing market, measured by Housing Starts and Building Permits indicators is continuing its recovery in line with its relevant trendline.

The housing market was hit the hardest during the 2008/9 financial crisis, causes by the burst of housing market bubble in the US.

Thus it comes as a no surprise that the housing market is still recovering its losses, but it looks like it is going to reach its pre-bubble levels in 2017, if the relevant trend holds!

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