Housing Starts: Single-Family in 2015
Housing Starts: Single-Family opened 2015 at 703 and closed at 765, a +8.82% move for the year. The high of 774 was reached on November 1, and the low of 584 on February 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 703 | 703 | 703 | 703 | +0.00% |
| Feb | 584 | 584 | 584 | 584 | +0.00% |
| Mar | 627 | 627 | 627 | 627 | +0.00% |
| Apr | 742 | 742 | 742 | 742 | +0.00% |
| May | 708 | 708 | 708 | 708 | +0.00% |
| Jun | 700 | 700 | 700 | 700 | +0.00% |
| Jul | 759 | 759 | 759 | 759 | +0.00% |
| Aug | 734 | 734 | 734 | 734 | +0.00% |
| Sep | 746 | 746 | 746 | 746 | +0.00% |
| Oct | 705 | 705 | 705 | 705 | +0.00% |
| Nov | 774 | 774 | 774 | 774 | +0.00% |
| Dec | 765 | 765 | 765 | 765 | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.