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November results for American Building Permits and Housing Starts much higher than expected…

U.S. Building Permits over one year high

According to U.S. Census Bureau number of building permits issued in November increased to a seasonally adjusted 680 000 from 644 000 in October.
It is the highest level since March 2010.

Analysts had expected for November decrease by 1.4% to 635 000.

U.S. Housing Starts climbed by 9.3% to 685 000.
It is also the highest increase since April 2010, exceeding much the expectations for only 1.1% rise.

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