The Commerce Department has revealed a rise in US housing starts for the month of September, but building permits fell, giving mixed signals for the property market. According to the Commerce Department, construction of new US homes rose 0.3% last month to a seasonally adjusted annual rate of 610,000 units – the highest level since [...]

More: US housing starts rise, building permits down

The downturn started in the US, so one would hope this is the start of the upturn.