Here come housing starts ...

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The latest reading on housing starts and building permits is set for release at the bottom of the hour.

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Expectations are for the report to show starts rose 2.3% in December to an annualized pace of 1.2 million homes.

Building permits are expected to fall 6.4% to an annualized pace of 1.2 million.

We'll be back with the live numbers when they drop.

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