Housing starts is expressed in the specific indicator that shows a total amount of houses building of which has started in the specific period.
It is an important economic indicator that seriously influences a country and its economy. It is highly dependable up the interest rate because credits are needed for the new building. Importance of the new houses’ construction is in a fact that it circumstantially influences the high level of the population’s paying capacity. In its turn, it shows that the financial state in this country is auspicious. As a result, strengthening of the national currency in the international market can be expected in the long view.
News about the amount of new building is published once a month, for the every third week. It is necessary to remember that this indicator, as any other that refers to building, is seasonal.