new home start

WSJ: “Copper Down on Weak U.S. Home Starts, China”

Cheap(er) Copper = Less Expensive New Homes? “U.S. Housing Starts Fall 11% in October.” —headline, WSJ (11/18/2015) According to today’s Wall Street Journal, copper prices just fell to fresh six-year lows (about $2/lb.), in part due to softness in new home construction. Which begs the reciprocal question:  will falling copper prices reduce the cost of new...
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