Expectations are for housing starts to rise 1.2% from the prior month to an annualized pace of 1.04 million. Building permits are expected to rise 0.8% from last month to an annualized pace of 1.06 million.
This report follows homebuilder sentiment data on Tuesday that showed sentiment among homebuilder remaining elevated, but moving roughly sideways month-on-month.
We'll be back with the live numbers when they hit.