Building Permits

Building Permits Analysis

 

When looking at building permits, we are matching up levels of permit applications that corresponds with levels of GDP growth historically. By doing this we can analyse what levels of housing permits are expected during normal levels of growth and inflation.

We look for fundamental highs and lows to identify extreme inflationary or deflationary readings in housing permits to identify when the central bank is likely to implement a tightening or loosening rate policy.