U.S. Housing Starts Leap to a 13-Year High in December

The video discusses the significant increase in housing starts for December, contrasting it with weaker building permits. It highlights the unusual gap between these figures and suggests potential noise in the data. The discussion also covers the impact of last year's mortgage rate drop on housing demand and construction activity, predicting a positive influence on GDP growth. The video concludes with an outlook on the housing market, considering future rate cuts.

What was the percentage increase in housing starts for December?

• 4%

• 17%

• 25%

• 10%

What is the significance of the gap between housing starts and building permits?

• It reflects an increase in mortgage rates.

• It shows a decrease in demand.

• It suggests potential data noise.

• It indicates a stable market.

How does a drop in mortgage rates affect housing demand?

• It decreases housing demand.

• It has no effect on housing demand.

• It increases housing demand.

• It causes housing demand to fluctuate.

What could influence the continuation of housing starts and permits?

• Increase in mortgage rates

• Three more rate cuts

• Decrease in housing demand

• Stable economic conditions

How is the housing market expected to impact GDP growth?

• It will cause GDP to decline.

• It will provide a gradual positive tailwind.

• It will have no impact.

• It will have a negative impact.