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Housing starts

The Housing Starts Index reflects changes in the number of new residential construction projects compared to the previous month. It reveals the situation in the construction sector and the real estate market of a country. It is very sensitive to changes in the business environment. Analysts use the index as a leading economic indicator. A decrease in housing starts marks the beginning of a recession. Meanwhile, a rise in housing starts indicates an economic boom. Consequently, a high value of the indicator marks the beginning of a period of strong economic growth.

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