U.S. housing market showing divergent signals in October: building permits edged down marginally, but housing starts experienced a much steeper contraction, marking the lowest point in the current cycle. The sharp disconnect between permit declines and starts plunges suggests underlying weakness in construction momentum. For traders monitoring macro drivers, this data point reflects cooling demand pressures and tightening housing supply dynamics—factors that historically correlate with broader economic sentiment shifts impacting risk assets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
CryptoComedian
· 6h ago
Laughing so hard that I started crying, permit is still pretending to be dead, starts has already laid flat, and this disconnect is comparable to my stop-loss order and actual loss.
View OriginalReply0
BottomMisser
· 6h ago
This housing market data really has me confused. Starts are dropping so sharply, but permits are only falling a little. How big must that gap be?
View OriginalReply0
NullWhisperer
· 6h ago
actually, the disconnect here is interesting... permits dropping *less* than starts? that's not the signal builders want to see. means the pipeline's broken somewhere, or demand just evaporated faster than expected. historically exploitable if you're watching the broader macro, but tbh this feels like a vulnerability in the whole cycle—something's going to give soon enough.
Reply0
MeltdownSurvivalist
· 6h ago
This wave of property developers really can't hold on anymore. A decline in permits is tolerable, but a plunge in starts? Now that's the real signal.
View OriginalReply0
RadioShackKnight
· 6h ago
Building permits slightly decrease, while construction starts plummet. Why is there such a big difference... I really find it hard to believe.
View OriginalReply0
RektDetective
· 7h ago
The house can't be sold, and now risk assets are going to cry.
U.S. housing market showing divergent signals in October: building permits edged down marginally, but housing starts experienced a much steeper contraction, marking the lowest point in the current cycle. The sharp disconnect between permit declines and starts plunges suggests underlying weakness in construction momentum. For traders monitoring macro drivers, this data point reflects cooling demand pressures and tightening housing supply dynamics—factors that historically correlate with broader economic sentiment shifts impacting risk assets.