Housing starts
Housing starts
This index demonstrates the quantity of new houses which have begun being constructed. It is very sensitive to the country's interest rate (for the same reason as other building indeces). The level of construction and future sales is directly connected with living standards and the income of the population.The higher this index is the more stable the economy of the country and its growth is a factor in the growth of the national currency. The data is published twice a month after the 20th at 08:30 EST (New York).
